Wire and cables manufacturer Polycab India had a resilient Q2 FY21. With consumer sentiment recovering quite strongly after the initial drop, the business is showing encouraging signs of getting back on its feet. Quarterly result highlights Polycab India’s Q2 revenues declined 6 per cent year on year (YoY) to Rs 2,114 crore. The easing of lockdown restrictions and a pick-up in consumer sentiments supported the top line in the quarter gone by. The earnings before interest, taxes, depreciation and amortisation (EBITDA)...
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