Investing.com - Polycab India reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Polycab India announced earnings per share of ₹17.84 on revenue of ₹33.32. Analysts polled by Investing.com anticipated EPS of ₹14.97 on revenue of ₹30.03B.
Polycab India shares are up 9.75% from the beginning of the year , still down 5.43% from its 52 week high of ₹2,862.50 set on Wednesday, October 19, 2022.
Polycab India follows other major Industrials sector earnings this month
Polycab India's report follows an earnings missed by Craftsman Automation on Tuesday, who reported EPS of ₹28.76 on revenue of ₹7.76B, compared to forecasts EPS of ₹32 on revenue of ₹6.92B.
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