Polycab Q2 driven by outperformance in the Cables segment beats analysts estimates

[Bilgin]

Polycab Q2 driven by outperformance in the Cables segment beats analysts estimates Q2 Results- The company's net profit grew 59% year-on-year. The analysts at Elara Securities said that consolidated revenue at ₹4221 Crore beats consensus estimates by 4% while Ebitda was 9% higher than consensus estimates. The EBITDA margin at 14.4% was the highest in the last 12 quarters