Record date for the said dividend will be intimated in due course. The dividend, if approved by the members in the annual general meeting, will be paid within 30 days from the date of the AGM.
Previous dividends by Polycab India:
| 18 Jun 2019 | Dividend – ₹3 |
| 12 Mar 2020 | Interim Dividend – ₹7 |
| 12 Jul 2021 | Dividend – ₹10 |
| 21 Jun 2022 | Dividend – ₹14 |
| 21 Jun 2023 | Dividend – ₹20 |
| 09 Jul 2024 | Dividend – ₹30 |
Besides, the company also declared its results for the January-March period today. The stock has surged to the day’s high following the announcement.
Its revenue rose 25% from the same quarter last year to ₹6,985.7 crore. A CNBC-TV18 poll, had expected revenue growth of 18% to ₹6,621 crore.
Polycab’s EBITDA grew 34.7% from the same quarter last year to ₹1,025.7 crore. The EBITDA figure was higher than the CNBC-TV18 poll figure of ₹958 crore.
Margins expanded by 110 basis points from last year to 14.7%, marginally higher than the CNBC-TV18 poll of 14.5%. Net profit increased by 35% year-on-year to ₹727 crore, aided by strong topline growth.
Shares of Polycab India Ltd. are trading 0.72% higher on Tuesday at ₹5,836.50. The stock, along with those of its peers KEI Industries and Finolex Cables, had seen a sharp surge on Monday, after the results reported by RR Kabel, as a result of which that stock had surged over 15% on Monday.
First Published: May 6, 2025 12:58 PM IST
