Polycab India Limited - Results for the Fourth Quarter and Full year ended March 31 2020
Polycab India Limited Results for the Fourth Quarter and Full year ended March 31 2020 Healthy Underlying Performance Across All Business Segments FY20 Revenue at Rs. 88,300 mn; up 11% y-o-y FY20 PAT at Rs. 7,656 mn; up 53% y-o-y Q4FY20 Revenue at Rs. 21,294 mn; down 14% y-o-y Q4FY20 PAT at Rs. 2,151 mn; up 53% y-o-y Mumbai, May 30, 2020: Polycab India Limited (BSE: 542652, NSE: POLYCAB ) today announced its consolidated results for the fourth quarter and full year ended March 31 2020. Commenting on the financial performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Limited, said: “We achieved healthy underlying performance with improved profitability in FY20. Polycab maintained its dominant position in Wires and Cables and continues to expand its presence in the ‘Electricals’ ecosystem. The year was marked with strong business momentum despite significant headwinds however the outbreak of COVID-19 pandemic and its severe ...