Polycab India Limited (POLYCAB) — FY25 Annual Report | 9 June 2025(2 announcements)

Polycab India Limited reported a consolidated revenue of ₹87.22 crores for FY 2024-25, reflecting a 32% year-on-year growth, driven by strong domestic demand and export expansion. The company achieved a 6% export revenue share, with overseas sales reaching INR 13,452 million across 84 countries. Strategic initiatives including Project Spring and renewable energy investments supported global market penetration and sustainability goals. Polycab advanced its ESG commitments, targeting 50% renewable electricity by FY 2029-30 and zero waste to landfill by FY 2029-30. No material financial or operational risks were identified, though climate transition and circular economy challenges persist. The Board approved ESG targets, and independent assurance was provided on BRSR disclosures.

Polycab India reported a 32% year-on-year revenue increase to ₹87.22 crores for FY 2024-25, driven by strong operational performance and strategic initiatives under Project Spring. The company declared a dividend of ₹35 per share and reappointed Executive Director Gandharv Tongia. Key governance updates include ratification of cost auditor remuneration and appointment of BNP & Associates as secretarial auditors. The AGM is scheduled for July 1, 2025, via video conferencing, with remote e-voting open until June 30, 2025.