Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Polycab India is wired for growth and the stock reflects it
Mint Hyderabad
|December 24, 2024
Charged up
For Polycab India Ltd, FY25 is shaping up to be an eventful year. Consolidated revenue for the half year ended September (H1FY25) surged nearly 26% year-on-year to about ₹10,200 crore. With this, Polycab is on track to achieve its revenue target a year ahead of schedule. Under its Project LEAP initiative, the company had aimed to reach ₹20,000 crore in revenue by FY26.
“There were some apprehensions that Polycab’s revenue growth would slow down given the high base, but it has delivered on growth thanks to strong demand,” said Harshit Kapadia, analyst at Elara Securities.
This story is from the December 24, 2024 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
RBI governor stays guarded on crypto
India will maintain a guarded stance on cryptocurrencies and stablecoins even as it accelerates support for homegrown digital payment systems such as UPI, NEFT and the digital rupee, Reserve Bank of India governor Sanjay Malhotra said on Thursday.
1 min
November 21, 2025
Mint Hyderabad
US needs skilled migrants to teach tech, says Trump
US will ‘welcome’ skilled immigrants who will ‘teach’ American workers about complex tech
1 mins
November 21, 2025
Mint Hyderabad
Bajaj's arm hires CIO from Kotak
The alternative investment management arm of the Bajaj Group, one of India’s oldest conglomerates, hired a chief investment officer (CIO) from Kotak Alternate Asset Managers Ltd, according to people familiar with the matter, underscoring an intensifying talent battle in the $169 billion asset management industry.
1 min
November 21, 2025
Mint Hyderabad
Inside the hot new Dubai restaurant run by an AI chef
The mastermind behind Woohoo's food and drinks menu is a $1 million-plus large language model that also does podcasts
3 mins
November 21, 2025
Mint Hyderabad
Curbs on risky drugs’ online ads
sultative Committee chaired by DCGlon 17 November.
1 mins
November 21, 2025
Mint Hyderabad
Standardize expenditure heads by FY28: CAG tells states
CAG's move is aimed at overhauling India's public finance system.
1 min
November 21, 2025
Mint Hyderabad
Rupee falls 23 paise at 88.71 against USD
The rupee depreciated 23 paise to close at 88.71 (provisional) against the US dollar on Thursday, on broad strength of the American currency and fading odds of a rate cut by the US Federal Reserve.
1 min
November 21, 2025
Mint Hyderabad
How a delay in possession of homes affects loans, taxes
Delays are likely to reduce tax savings and wipe out the leverage advantage of home loans
4 mins
November 21, 2025
Mint Hyderabad
Govt moves to curb online ads, self-medication of risky drugs
The government is planning a sweeping overhaul of drug-advertising rules to curb self-medication, unsafe sales and rising antimicrobial resistance, according to two officials and a document reviewed by Mint.
1 mins
November 21, 2025
Mint Hyderabad
Bluechips lift Street to a 13-month high
Eyes on Q3 earnings as Nifty crosses 26,200, FPIs turn positive
1 mins
November 21, 2025
Listen
Translate
Change font size