Interim report
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Registered Office: Unit 4, Plot No 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchamahal, Gujarat 389 350 Tel: 2676- 227600 / 227700 Corporate Office: Polycab India Limited CIN: L31300GJ1996PLC114183 #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400 028 Tel: +91 22 6735 1400 Email: shares@polycab.com Web: www.polycab.com Date: October 15, 2026 To Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 To Listing Department National Stock Exchange of India Limited C-1, G-Block, Bandra-Kurla Complex Bandra (E), Mumbai – 400 051 Scrip Code: 542652 Scrip Symbol: POLYCAB ISIN: INE455K01017 Dear Sir(s) / Madam, Subject: Outcome of the Board Meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) With reference to the captioned subject, please be informed that the Board of Directors of the Company at its meeting held today i.e. Thursday October 15, 2026, inter alia considered and approved the Unaudited Standalone and Consolidated Financial Results along with the Limited Review Reports issued by B S R & Co. LLP, Chartered Accountants, Statutory Auditors for the quarter & half year ended September 30, 2026, which have been duly reviewed and recommended by the Audit Committee. The Board meeting commenced at 11.30 a.m. and concluded at 12.50 p.m. The Unaudited Standalone and Consolidated Financial Results will also be made available on Company’s website i.e. www.polycab.com. Kindly take the same on your record. Thanking you Yours Faithfully For Polycab India Limited ________________________ Manita Carmen A. Gonsalves Vice President-Legal & Company Secretary Membership No.: A18321 Address: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai, MH-400028 Encl: Unaudited Standalone and Consolidated Financial Results along with Limited Review Report for the quarter & half year ended September 30, 2026
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cp... BiL 14th Floor, ( ,O (..- * nd ,s. co. rship firm with Registration No. BA61223) converted into B S R & Co. LLP (a CeNeisiontsralrciohBicTIn aLifiga, NeSC0 Cielltftd Liabil a ership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Western Express Highway, Goregaon (East), ..(2 Mumbai - 400 063 C" '7)- re f •§\ ed Acc° BS R & Co. LLP Chartered Accountants 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Goregaon (East), Mumbai — 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited consolidated financial results of Polycab India Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Polycab India Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Polycab India Limited (hereinafter referred to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") and its share of the net loss after tax and total comprehensive loss of its joint venture for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ("the Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting' ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: Sr. No. Name of the Company Relationship 1 Dowells Cable Accessories Private Limited Subsidiary 2 Tirupati Reels Private Limited Subsidiary 3 Steel Matrix Private Limited Wholly Owned Subsidiary 4 Polycab USA LLC Wholly Owned Subsidiary 5 Polycab Australia Pty Ltd Wholly Owned Subsidiary --.....,._ Registered Office: 14th Floor, Central B Wing and North C Wng. Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2
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B S R & Co. LLP Limited Review Report (Continued) Polycab India Limited 6 Polycab Electricals & Electronics Private Limited Wholly Owned Subsidiary 7 Polycab Support Force Private Limited Wholly Owned Subsidiary 8 Polycon Infra Projects Private Limited Wholly Owned Subsidiary 9 Techno Electromech Private Limited Joint Venture 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not review the interim financial statements of eight Subsidiaries included in the Statement, whose interim financial statements reflect total assets (before consolidation adjustments) of Rs. 8,821.02 million as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 2,619.84 million and Rs. 4,588.09 million, total net profit after tax (before consolidation adjustments) of Rs. 319.80 million and Rs. 627.34 million and total comprehensive income (before consolidation adjustments) of Rs. 323.87 million and Rs. 632.49 million, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, and cash outflows (net) (before consolidation adjustments) of Rs. 49.70 million for the period from 01 April 2026 to 30 September 2026. as considered in the Statement. The Statement also include the Group's share of net profit after tax of Rs. Nil and net loss after tax of Rs. Nil and total comprehensive profit of Rs. Nil and total comprehensive loss of Rs. Nil, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively as considered in the Statement, in respect of one joint venture, whose interim financial statements have not been reviewed by us. These interim financial statements have been audited by other auditors whose reports have been furnished to us by the Parent's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and joint venture, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter. For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Mumbai 15 October 2026 Sreeja Marar Partner Membership No.: 111410 UDIN:26111410CYLWXC3013 Page 2 of 2
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PC.)LYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21s1Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai -400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2026 (₹ million) Quarter ended Six months ended Year ended Sr. No. Particulars 30 Sep 26 30 Jun 26 30 Sep 25 30 Sep 26 30 Sep 25 31 Mar 26 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1) Income (a) Revenue from operations 98,989.01 82,097.32 64,772.11 1,81,086.33 1,23,831.87 2,88,837.92 (b) Other income 883.67 1,049.15 454.33 1,932.82 1,253.78 2,362.52 Total income 99,872.68 83,146.47 65,226.44 1,83,019.15 1,25,085.65 2,91,200.44 2) Expenses (a) Cost of materials consumed 74,898.57 65,123.50 48,131.53 1,40,022.07 89,984.65 2,06,156.67 (b) Purchases of stock-in-trade 1,503.81 1,221.14 1,394.75 2,724.95 2,650.01 7,314.54 (c) Changes in inventories of finished goods, stock-in-trade and work-in- progress (5,220.57) (5,626.53) (4,919.94) (10,847.10) (6,605.57) (7,601.62) (d) Project bought outs and subcontracting cost 4,441.66 1,801.97 2,602.44 6,243.63 4,367.50 9,946.38 (A) Total material cost (a to d) 75,623.47 62,520.08 47,208.78 1,38,143.55 90,396.59 2,15,815.97 (e) Employee benefits expense 2,656.88 2,614.75 2,304.59 5,271.63 4,493.58 8,794.24 (f) Finance costs 936.04 800.21 484.05 1,736.25 996.61 2,430.36 (g) Depreciation and amortisation expense 1,110.41 1,028.70 967.76 2,139.11 1,824.79 3,858.69 (h) Advertisement and sales promotion expense 404.98 328.24 322.10 733.22 472.27 1,902.26 (i) Freight and forwarding expense 1,318.10 1,033.97 1,066.68 2,352.07 2,047.22 4,639.98 (j) Other expenses 4,760.60 4,238.29 3,662.47 8,998.89 7,638.71 17,628.19 (B) Total expenses other than material cost (e to j) 11,187.01 10,044.16 8,807.65 21,231.17 17,473.18 39,253.72 Total expenses (A+B) 86,810.48 72,564.24 56,016.43 1,59,374.72 1,07,869.77 2,55,069.69 3) Profit before share of profit! (loss) of joint venture (1-2) 13,062.20 10,582.23 9,210.01 23,644.43 17,215.88 36,130.75 4) Share of Profit/ (loss) of joint venture (net of tax) 5) Profit before tax(3+4) 13,062.20 10,582.23 9,210.01 23,644.43 17,215.88 36,130.75 6) Tax expenses (a) Current tax 3,258.35 2,643.82 2,241.29 5,902.17 4,205.471 9,390.58 (b) Deferred tax (credit) / charge (96.12) (28.13) 39.13 (124.25) 83.86 (344.10) Total tax expenses 3,162.23 2,615.69 2,280.42 5,777.92 4,289.33 9,046.48 7) Profit for the period (5.6) 9,899.97 7,966.54 6,929.59 17,866.51 12,926.55 27,084.27 8) Other comprehensive income Items that will not be reclassified to profit or loss 29.35 (110.80) 20.55 (81.45) (130.41) (30.12) Income tax relating to items that will not be reclassified to profit or loss (7.36) 27.86 (5.21) 20.50 32.73 7.61 Items that will be reclassified to profit or loss 37.21 0.64 13.67 37.85 37.91 23.40 Income tax relating to items that will be reclassified to profit or loss (9.34) (3.24) (9.34) (8.89) (5.42) Other comprehensive income / (losses) (net of tax) 49.86 (82.30) 25.77 (32.44) (68.66) (4.53) 9) Total comprehensive income for the period (net of tax) (7+8) 9,949.83 7,884.24 6,955.36 17,834.07 12,857.89 27,079.74 Profit for the period attributable to: -I Equity shareholders of parent company 9,773.74 7,843.37 6,854.56 17,617.11 12,775.77 26,720.33 Non controlling interests 126.23 123.17 75.03 249.40 150.78 I 363.94 9,899.97 7,966.54 6,929.59 17,866.51 12,926.55 27,084.27 Other comprehensive income (losses) for the period attributable to: Equity shareholders of parent company 49.60 (82.09) 25.65 (32.49) (68.63) (4.83) Non controlling interests 0.26 (0.21) 0.12 0.05 (0.03) 0.30 49.86 (82.30) 25.77 (32.44) (68.66) (4.53) Total comprehensive income for the period attributable to: Equity shareholders of parent company 9,823.34 7,761.28 6,880.21 17,584.62 12,707.14 26,715.50 Non controlling interests 126.49 122.96 75.15 249.45 150.75 364.24 9,949.83 7,884.24 6,955.36 17,834.07 12,857.89 27,079.74 10) Paid up equity share capital (Face value of ₹ 10 Per Share) 1,506.92 1,506.35 1,505.30 1,506.92 1,505.30 1,505.51 11) Other equity 1,18,580.25 12) Earnings per share (not annualised for quarters ) (a) Basic (Face value ₹ 10 Per Share) (in ₹) 64.87 52.09 45.54 116.97 84.90 177.53 (b) Diluted (Face value ₹ 10 Per Share) (in ₹) 64.78 51.94 45.46 116.67 84.61 176.95 Page 1 of 5 814,1thoo Central 8 Wing and North C Wing. Nesco IT Park4, Nesco Center. ....,Western Express Highway, Goregaon (East). 0 .., _ Mumbai -400063 V,..., Ik.it ' fe,'eel Ace
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai -400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com CONSOLIDATED SEGMENT INFORMATION FOR THE QUARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2026 (₹ million) Quarter ended Six months ended Year ended Sr. No. 1) Particulars 30 Sep 26 30 Jun 26 30 Sep 25 30 Sep 26 30 Sep 25 31 Mar 26 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Segment Revenue a) Wires and Cables 83,768.41 72,017.85 56,911.30 1,55,786.26 1,09,197.79 2,55,344.18 b) FMEG 9,931.13 7,611.53 4,521.84 17,542.66 9,064.15 20,693.28 c) EPC 6,170.81 3,077.38 4,023.90 9,248.19 7,498.03 16,664.96 Total 99,870.35 82,706.76 65,457.04 1,82,577.11 1,25,759.97 2,92,702.42 Less: Inter segment revenue (763.72) (465.28) (666.99) (1,229.00) (1,723.89) (3,555.37) Total Income (excluding finance income) 99,106.63 82,241.48 64,790.05 1,81,348.11 1,24,036.08 2,89,147.05 2) Segment results a) Wires and Cables 11,887.42 9,593.85 8,592.56 21,481.27 16,275.22 34,781.17 b) FMEG 1,006.04 606.33 21.95 1,612.37 117.44 548.38 c) EPC 443.94 338.26 729.77 782.20 997.29 1,655.50 Total 13,337.40 10,538.44 9,344.28 23,875.84 17,389.95 36,985.05 Less: Inter segment results (105.21) (60.99) (86.61) (166.20) (227.03) (477.33) Total 13,232.19 10,477.45 9,257.67 23,709.64 17,162.92 36,507.72 Un-allocated items: a) Financial income 766.05 904.99 436.39 1,671.04 1,049.57 2,053.39 b) Finance costs (936.04) (800.21) (484.05) (1,736.25) (996.61) (2,430.36) Profit before share of profit/(loss) of joint ventures 13,062.20 10,582.23 9,210.01 23,644.43 17,215.88 36,130.75 Share of profit/(loss) of joint ventures (net of tax) - - - Profit before tax 13,062.20 10,582.23 9,210.01 23,644.43 17,215.88 36,130.75 3) Segment Assets a) Wires and Cables 1,39,728.49 1,24,385.88 1,03,887.30 1,39,728.49 1,03,887.30 1,15,450.84 b) FMEG 14,909.10 9,310.93 9,192.35 14,909.10 9,192.35 9,514.33 c) EPC 26,460.26 29,618.26 19,650.17 26,460.26 19,650.17 27,186.75 Total 1,81,097.85 1,63,315.07 1,32,729.82 1,81,097.85 1,32,729.82 1,52,151.92 Un-allocated assets 56,853.19 51,183.67 38,980.70 56,853.19 38,980.70 52,609.98 Investment accounted for using the equity method - - Total assets 2,37,951.04 2,14,498.74 1,71,710.52 2,37,951.04 1,71,710.52 2,04,761.90 4) Segment Liabilities a) Wires and Cables 78,571.12 62,427.08 41,393.77 78,571.12 41,393.77 53,834.54 b) FMEG 6,175.65 4,413.36 3,110.03 6,175.65 3,110.03 5,188.44 c) EPC 9,928.13 14,087.81 10,447.40 9,928.13 10,447.40 13,323.24 Total 94,674.90 80,928.25 54,951.20 94,674.90 54,951.20 72,346.22 Un-allocated liabilities and provisions 10,903.75 11,255.38 9,853.66 10,903.75 9,853.66 11,147.99 Total liabilities 1,05,578.65 92,183.63 64,804.86 1,05,578.65 64,804.86 83,494.21 Page 2 of 5 gri. O. z 14th Floor, Central B Y₹ing and North C Wing. Nesco IT Park4, Nesco Center. Western Express Highway, Goregaon (East), Mumbai - 400 063 ‘" ed Acc
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai -400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES AS AT 30 SEPTEMBER 2026 Particulars ASSETS Non-current assets Property, plant and equipment Capital work-in-progress Investment property under construction Right of use assets Other intangible assets Investments accounted for using the equity method Financial assets (a) Trade receivables As at 30 Sep 26 Unaudited (₹ million) As at 31 Mar 26 Audited 36,758.00 35,050.71 14,007.91 11,392.59 1,016.87 _ 883.02 1,990.97 1,426.27 26.91 40.97 (b) Investment in equity instruments of captive power generating company (c) Other financial assets Non-current tax assets (net) Deferred tax assets (net) Other non-current assets Total Non-Current Assets Current assets Inventories (includes Goods in transit ₹ 6,579.33 million (31 March 2026 : ₹ 2,702.99 million)) Financial assets (a) Investments (b), Trade receivables (c) Cash and cash equivalents (d) Bank balance other than cash and cash equivalents (e) Loans (f) Other financial assets Other current assets Total Current Assets Non-current assets classified as held for sale Total Assets EQUITY AND LIABILITIES Equity Equity share capital (Refer note (i)) Other equity 5,355.19 4,477.84 187.67 1,082.00 571.94 398.09 558.74 147.29 116.02 3,762.34 3,638.74 64,733.24 58,156.84 69,633.96 55,595.98 Non-controlling interests Liabilities Non-current liabilities: Financial liabilities (a) Borrowings (b) Lease liabilities (c) Other financial liabilities Provisions Deferred tax liabilities (net) Other non-current liabilities Total Non-Current liabilities Current liabilities: Financial liabilities (a) Borrowings (b) Lease liabilities (c) Acceptances (d) Trade payables (i) Total outstanding dues of micro enterprises and small enterprises (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises (e) Other financial liabilities Other current liabilities Provisions & Co. Current tax liabilities (net) 14th Floor, Total Current liabilities Central 8 Wing and Total Equity and liabilities North C Wing, Nesco IT Park4, Nesco Center. Western Express Highway, Goregaon (East), '5 Mumbai • 400 063 0 d ACC ° 40,130.59 34,048.23 34,592.70 37,585.04 2,112.39 3,903.43 3,620.59 4,921.27 112.39 112.31 2,653.77 2,632.57 20,334.77 7,780.05 1,73,191.16 1,46,578.88 26.64 26.18 2,37,951.04 2,04,761.90 1,506.92 1,505.51 1,29,434.09 1,18,580.25 1,30,941.01 1,20,085.76 1,431.38 1,181.93 1,32,372.39 1,21,267.69 260.08 1,305.95 454.92 738.48 419.92 1,991.39 5,170.74 855.95 297.11 65,560.49 L 392.67 803.72 51.70 563.98 524.06 1,505.64 3,841.77 932.23 226.55 42,656.19 1,601.86 1,635.35 18,065.02 16,352.79 3,088.63 2,864.77 8,290.44 12,871.06 1,450.35 1,341.95 1,198.06 771.55 1,00,407.91 79,65 44 2,37,951.04 2,04p761. \ 1\ \rage
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai -400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 30 SEPTEMBER 2026 A, Cash Flows From Operating Activities Profit before tax Adjustments for: Depreciation and amortisation expense Particulars Net Loss on disposal of property, plant and equipment Gain on termination of lease Interest income on financial assets Income on government grants Gain on sale of investments (net) Fair valuation (gain)/loss on Mark-To-Market ('MTM') of investment Finance costs Employees share based payment expenses Loss on fair valuation of financial assets Impairment allowance for trade receivable considered doubtful Impairment allowance for contract assets Unrealised gain on foreign exchange (net) Six months period ended 30 Sep 26 Unaudited (₹ million) Six months period ended 30 Sep 25 Unaudited 23,644.43 , 17,215.88 Sundry balances written back Operating profit before working capital changes Movements in working capital: Decrease/(Increase) in trade receivables Increase in inventories (Increase)/Decrease in financial assets Increase in non-financial assets (including contract assets) Increase in Acceptances Increase in trade payables Increase in financial liabilities Increase in provisions (Decrease)/Increase in non-financial liabilities (including contract liabilities) Cash generated from operations Income tax paid (including TDS) (net of refunds) Net cash generated from operating activities (A) 2,139.11 1,824.79 14.39 22.41 (4.64) _ (0.97) (267.51) (393.68) (34.84) _ (116.66) (848.56) (645.21) (554.97) 48.70 1,736.25 996.61 289.94 204.69 2.15 1.73 206.77 284.77 13.13 20.70 (325.78), (130.02) (9.11) (33.23) 26,000.76 _ 19,300.51 2,047.87 (2,673.82) (14,037.98)I (17,568.87) (412.73) 191.76 (12,509.00)t _ (2,363.90) 22,904.30 16,716.22 B. Cash Flows From Investing Activities Purchase of property, plant and equipment (including CWIP) Purchase of other intangible assets Purchase of Investment Property Proceeds from sale of property, plant and equipment Investment in mutual funds Proceeds from sale of mutual funds Investments in bank deposits Proceeds from maturity of bank deposits Investment in equity instrument of captive power generating company Loan given to employees Interest received Net cash used in investing activities (B) C. Cash Flows From Financing Activities Proceeds from exercise of share options Payment of principal portion of lease liabilities (includes upfront lease payment) Payment of interest on lease liabilities Repayment of long term borrowings Proceeds from long term borrowings (Repayment) / Proceeds from short term borrowings Interest and other finance cost paid Dividends paid Net cash (used in) financing activities (C) 1,874.74 534.37 201.45 _ (4,580.62)' 22,023.16 -- (5,315.01) __ 16,708.15 1,277.25 1,035.68 64.51 5,851.74 21,831.08 (3,925.63) 17,905.45 Net increase I (decrease) in cash Cash and cash equivalents a Cash and cash equivale • - 1 1 C g - ash equivalents (A+B+C) the period (net of cash credit) ► iod (net of cash credit) f te , O, C 14th Floor, „0 " Central B Wing and North C Wing. Nesco IT Park4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400 063 ip a p \‘ ed Acco (5,975.56) (133.85) 19.78 (88,965.83)' 84,287.00 _ (13,915.47) 15,156.54 (187.67) (0.08) 206.38 (9,508.76), 60.54 (148.29) (47.61) -- (44.36) 27.63 (165.98) (1,566.36) (7,079.85) (8,964.28)' (1,764.89) 3,793.06 2,028.17 (7,521.66) (0.96) (6.31) 43.31 (66,146.71) 67,258.95 (5,203.38) 1,992.19 0.84 150.77 (9,432.96) 42.86 (134.54) (39.60) (65.71) 90.32 123.09 (925.14) (5,267.72) (6,176.44) 2,296.05 2,173.87 4,469.92 Page 4 of 5
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai -400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com Notes: i) During the period ended 30 September 2026, the Parent Company has allotted 141,080 equity shares of ₹ 10/- each to the option grantees upon exercise of options under the Company's Employee Stock Option Scheme 2018. As a result of allotment, the paid-up equity share capital of the Parent Company has increased from 15,05,50,508 equity share of ₹ 10/- each to 15,06,91,588 equity share of ₹ 10/- each. ii) The Consolidated Financial Results comprises of financial results of Holding Company, Subsidiaries and a Joint Venture. Subsidiaries include Dowells Cable Accessories Private Limited — India, Tirupati Reels Private Limited — India, Steel Matrix Private Limited — India, Polycab USA LLC — United States of America, Polycab Australia Pty Ltd — Australia, Polycab Electricals & Electronics Private Limited — India, Polycab Support Force Private Limited — India, Polycon Infra Projects Private Limited - India and a Joint Venture, Techno Electromech Private Limited — India. iii) The Hon'ble National Company Law Tribunal, Ahmedabad Bench ("Hon'ble NCLT"), vide its order dated October 07, 2026, had admitted a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 in respect of an alleged operational debt of ₹27.9 million. The Parent Company filed Appeal before the Hon'ble National Company Law Appellate Tribunal, Principal Bench, New Delhi which, vide, its Order dated October 09, 2026, has stayed and kept in abeyance the order passed by the Hon'ble NCLT. The Parent Company, in consultation with its legal advisors, is of the opinion that it has a strong case with good grounds of appeal, including that of it being a commercial dispute. The Parent Company expects no material impact on its financial position or business operations. The matter remains sub-judice and will continue to be closely monitored on an ongoing basis. iv) The Ministry of Environment, Forest and Climate Change has notified the Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2025 (the "Rules"), effective from 1 April 2026. Under these Rules, Extended Producer Responsibility (EPR) obligations have been imposed on producers, including cables and wires manufacturers, for the recycling of non-ferrous metal scrap. Such obligations are required to be fulfilled through the purchase of EPR certificates from registered recyclers via a Centralized Online Portal. However, the EPR registration portal is still under development by the Central Pollution Control Board (CPCB), and the detailed implementation framework and operational procedures under the Rules, including the modalities governing the issuance, trading, and pricing mechanism of EPR certificates, are yet to be developed and notified. Consequently, the Group is currently unable to reliably estimate potential impact of these rules. The Group will continue to assess the ability to measure its obligations pursuant to the Rules, as and when the aforesaid details of implementation framework are available. v) The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 15 October 2026. The statutory auditors have expressed an unmodified report on these results. \n (a di Place: Mumbai For Polycab India 1M Nikhil R. 1 inghani Date: 15 October 2026 Joint Managing Director & Co. 14th Floor, Central B Wing and Page 5 of 5 * North C Wing, Nesco IT Park4, Nesco Center, * Western Express Highway, Goregaon (East), "0 Mumbai - 400 0631 ... eci Acc°
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B S R & Co. LLP Chartered Accountants 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Goregaon (East), Mumbai — 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited standalone financial results of Polycab India Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Polycab India Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Polycab India Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ("the Statement"). 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Mumbai 15 October 2026 For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Sreeja Marar Partner Membership No.: 111410 UDIN:26111410XUQLSX2583 Registered Office: B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a 14th Floor, Central B Wing and North C Wing. Nesco IT Park 4, Nesco Limited Liability Partnership vith LLP Registration No. AAB-8181) with effect from October 14,2013 Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 1
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2026 (₹ million, except earnings per share) Quarter ended Six months Year ended 30 Sep 26 30 Jun 26 30 Sep 25 30 Sep 26 30 Sep 25 31 Mar 26 Sr. Particulars No. Unaudited Unaudited Unaudited Unaudited Restated Unaudited Restated Audited (Refer note (ii)) (Refer note (ii)) 1) Income (a) Revenue from operations 98,396.62 80,344.93 63,559.21 1,78,741.55 1,20,809.27 2,81,851.77 (b) Other income 860.77 1,026.46 468.79 1,887.23 1,259.93 2,272.88 Total income 99,257.39 81,371.39 64,028.00 1,80,628.78 1,22,069.20 2,84,124.65 2) Expenses (a) Cost of materials consumed 74,616.58 64,808.94 47,910.87 1,39,425.52 89,618.81 2,05,077.70 (b) Purchases of stock-in-trade 1,063.52 800.10 1,094.39 1,863.62 2,128.97 6,077.32 (c) Changes in inventories of finished goods, stock-in-trade and work-in-progress (4,315.83) (5,975.94) (4,992.13) (10,291.77) (7,394.16) (9,541.54) (d) Project bought outs and subcontracting cost 4,441.66 1,801.97 2,602.44 6,243.63 4,367.50 9,946.38 (A) Total material cost (a to d) 75,805.93 61,435.07 46,615.57 1,37,241.00 88,721.12 2,11,559.86 (e) Employee benefits expense 2,509.88 2,443.35 2,142.49 4,953.23 4,175.21 8,136.43 (f) Finance costs 903.85 774.33 459.64 1,678.18 950.13 2,326.22 (g) Depreciation and amortisation expense 1,045.63 993.42 937.57 2,039.05 1,764.94 3,733.58 (h) Advertisement and sales promotion expense 398.89 327.00 321.56 725.89 471.41 1,899.17 (i) Freight and forwarding expense 1,266.62 994.14 1,015.50 2,260.76 1,958.43 4,475.72 (j) Other expenses 4,585.36 4,227.10 3,618.94 8,812.46 7,582.93 17,309.52 (B) Total expenses other than material cost (e to j) 10,710.23 9,759.34 8,495.70 20,469.57 16,903.05 37,880.64 Total expenses (A+B) 86,516.16 71,194.41 55,111.27 1,57,710.57 1,05,624.17 2,49,440.50 3) Profit before tax (1-2) 12,741.23 10,176.98 8,916.73 22,918.21 16,445.03 34,684.15 4) Tax expenses (a) Current tax 3,151.14 2,545.80 2,162.45 5,696.94 4,062.13 9,093.92 (b) Deferred tax (credit)/ charge (61.64) (31.57) 44.05 (93.21) 22.69 (419.24) Total tax expenses 3,089.50 2,514.23 2,206.50 5,603.73 4,084.82 8,674.68 5) Profit for the period (3-4) 9,651.73 7,662.75 6,710.23 17,314.48 12,360.21 26,009.47 6) Other comprehensive income Items that will not be reclassified to profit or loss 24.04 (111.40) 19.51 (87.36) (130.73) (32.75) Tax relating to items that will not be reclassified to profit or loss (6.05) 28.04 (4.95) 21.99 32.81 8.24 Items that will be reclassified to profit or loss 37.13 12.90 37.13 35.32 21.52 Tax relating to items that will be reclassified to profit or loss (9.34) (3.24) (9.34) (8.89) (5.42) Other comprehensive income/ (losses) (net of tax) 45.78 (83.36) 24.22 (37.58) (71.49) (8.41) 7) Total comprehensive income for the period (net of tax) (5+6) 9,697.51 7,579.39 6,734.45 17,276.90 12,288.72 26,001.06 8) Paid up equity share capital (Face value of ₹ 10 per share) 1,506.92 1,506.35 1,505.30 1,506.92 1,505.30 1,505.51 9) Other equity 1,16,936.48 10) Earnings per share (not annualised for quarters ) (a) Basic (Face value ₹ 10 per share) (in ₹) 64.06 50.89 44.58 114.96 82.14 172.81 (b) Diluted (Face value ₹ 10 per share) (in ₹) 63.97 50.75 44.50 114.66 81.86 172.25 Page 1 of 5 S. co • 14th Rcor, Central 8 %in° and North C Vihng. Nesco IT Park4, Nesco Center, Western Express Highway, Goregaon (East). Mumbai -400063 ed Acc eir •,
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com STANDALONE SEGMENT INFORMATION FOR THE QUARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2026 Quarter ended Six months (₹ million) Year ended Sr. No. 1) Segment Particulars 30 Sep 26 Unaudited 30 Jun 26 (Refer 30 Sep 25 30 Sep 26 Unaudited 30 Sep 25 31 Mar 26 Audited Unaudited Unaudited Restated note (ii)) Unaudited Restated (Refer note (ii)) Revenue a) Wires and Cables 83,178.42 70,266.11 55,734.87 1,53,444.53 1,06,228.83 2,48,361.89 b) FMEG 9,931.13 7,611.53 4,434.04 17,542.66 8,890.07 20,693.28 c) EPC 6,170.81 3,077.38 4,023.90 9,248.19 7,498.03 16,664.96 Total 99,280.36 80,955.02 64,192.81 1,80,235.38 1,22,616.93 2,85,720.13 Less: Inter segment revenue (763.72) (465.28) (579.22) (1,229.00) (1,549.79) (3,555.37) Total Income (excluding finance income) 98,516.64 80,489.74 _ 63,613.59 1,79,006.38 1,21,067.14 2,82,164.76 2) Segment Results a) Wires and Cables 11,537.46 9,208.15 8,298.39 20,745.61 15,506.08 33,323.93 b) FMEG 1,006.05 606.33 21.42 1,612.38 116.40 548.38 c) EPC 466.03 316.17 i 729.77 782.20 997.29 1,655.50 Total 13,009.54 10,130.65 9,049.58 23,140.19 16,619.77 35,527.81 Less: Inter segment results (105.21) (60.99) _ (87.63) (166.20) (226.67) (477.33) Total 12,904.33 10,069.66 8,961.95 22,973.99 16,393.10 35,050.48 Un-allocated items: a) Financial income 740.75 881.65 414.41 1,622.40 1,002.06 1,959.89 b) Finance costs (903.85) (774.33) : (459.63) (1,678.18) (950.13) (2,326.22) Profit before tax 12,741.23 10,176.98 8,916.73 22,918.21 16,445.03 34,684.15 3) Segment Assets a) Wires and Cables 1,36,265.97 1,21,224.01 1,01,006.62 1,36,265.97 1,01,006.62 1,12,503.92 b) FMEG 14,909.10 9,310.92 9,267.01 14,909.10 9,267.01 9,514.33 c) EPC 26,460.26 29,618.26 19,650.17 26,460.26 19,650.17 27,186.75 Total 1,77,635.33 1,60,153.19 1,29,923.80 1,77,635.33 1,29,923.80 1,49,205.00 Un-allocated assets 54,033.97 48,987.38 _ 36,758.28 54,033.97 36,758.28 50,331.77 Total assets 2,31,669.30 2,09,140.57 1,66,682.08 2,31,669.30 1,66,682.08 1,99,536.77 4) Segment Liabilities a) Wires and Cables 78,119.36 62,047.39 40,738.84 78,119.36 40,738.84 53,532.74 b) FMEG 6,175.59 4,413.30 3,217.05 6,175.59 3,217.05 5,188.44 c) EPC 9,928.13 14,087.81 j 10,447.40 9,928.13 10,447.40 13,323.24 Total 94,223.08 80,548.50 ' 54,403.29 94,223.08 54,403.29 72,044.42 Un-allocated liabilities and provisions 8,456.70 9,407.51 ! 7,658.98 8,456.70 7,658.98 9,050.36 Total liabilities 1,02,679.78 89,956.01 . 62,062.27 1,02,679.78 62,062.27 81,094.78 Page 2 of 5 14th floor, Central B Wing and North C Wing. Nesco IT Park4, Nesco Center. Western Express Highway, Goregaon (East), Mumbai • 400 063 d Ace
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 30 SEPTEMBER 2026 Particulars (₹ million) As at As at 30 Sep 26 31 Mar 26 Unaudited Audited ASSETS Non-current assets Property, plant and equipment 35,483.42 33,829.10 Capital work-in-progress 13,930.80 11,302.61 Investment property under construction 1,016.87 883.02 Right of use assets 1,349.71 1,303.82 Other intangible assets 6.28 17.21 Investment accounted for using the equity method Financial assets (a) Investment in Subsidiaries 118.35 117.35 (b) Trade receivables 4,794.89 4,477.84 (c) Investment in equity instrument of captive power generating company 187.67 (d) Other financial assets 975.88 426.79 Non-current tax assets (net) 269.66 422.58 Other non-current assets 3,697.33 3,565.09 Total Non-Current Assets 61,830.86 56,345.41 Current assets Inventories (includes Goods in transit ₹ 6,100.63 million (31 March 2026 : ₹ 2,347.61 million)) 67,102.57 53,634.40 Financial assets (a) Investments 39,486.55 33,532.90 (b) Trade receivables 35,461.80 37,332.24 (c) Cash and cash equivalents 1,780.08 3,522.13 (d) Bank balance other than cash and cash equivalents 2,658.67 4,130.78 (e) Loans 328.39 252.31 (f) Other financial assets 2,607.57 2,584.55 Other current assets 20,386.17 8,175.87 Total Current Assets 1,69,811.80 1,43,165.18 Non-current assets classified as held for sale 26.64 26.18 Total Assets 2,31,669.30 1,99,536.77 EQUITY AND LIABILITIES Equity Equity Share Capital (Refer note (i)) 1,506.92 1,505.51 Other Equity 1,27,482.60 1,16,936.48 Total Equity 1,28,989.52 1,18,441.99 Liabilities Non-current liabilities Financial liabilities (a) Lease liabilities 797.01 721.74 (b) Other financial liabilities 434.41 31.47 Provisions 717.20 543.90 Deferred tax liabilities (net) 366.72 472.58 Other non-current liabilities 1,938.97 1,449.23 Total Non-Current liabilities 4,254.31 3,218.92 Current liabilities Financial liabilities (a) Lease liabilities 147.12 170.31 (b) Acceptances 65,560.49 42,656.19 (c) Trade payables (i) Total outstanding dues of micro enterprises and small enterprises 1,457.28 1,558.56 (ii) Total outstanding dues of creditors other than micro enterprises and small enterprises 17,654.10 15,697.32 (d) Other financial liabilities 2,595.14 2,403.61 Other current liabilities 8,394.47 13,297.09 Provisions 1,437.04 1,324.13 Current tax liabilities (net) 14th floor, 1,179.83 768.65 Total Current liabilities Central B Wing and 98,425.47 77,87 .86.E North C Wing. Total Equity and liabilities Nesco IT Park4, Nesco Center. 2,31,669.30 1,99,536 77 Western Express Highway. Goregaon (East), rky Page 3 of 5 Murnbai -400063 t' t.\\ 0 d Accc0- ira
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com STANDALONE STATEMENT OF CASH FLOWS FOR THE SIX MONTHS PERIOD ENDED 30 SEPTEMBER 2026 (₹ million) Particulars Six months period ended 30 Sep 26 Unaudited Six months period ended 30 Sep 25 Unaudited (Restated) A. Cash Flows From Operating Activities Profit before tax 22,918.21 16,445.03 Adjustments for: Depreciation and amortisation expense 2,039.05 1,764.94 Net loss on disposal of property, plant and equipment 14.39 22.22 Gain on termination of lease (4.69) (0.97) Interest income on financial assets (234.60) (357.53) Income on government grants (30.85) (116.26) Gain on sale of investments (net) (824.38) (644.53) Fair valuation (Gain)/Loss on Mark-To-Market ('MTM') of investment (563.42) 59.38 Finance costs 1,678.18 950.13 Employees share based payment expenses 289.94 204.69 Impairment allowance for trade receivable considered doubtful 370.92 300.17 Impairment allowance for contract assets 51.79 20.70 Unrealised Gain on foreign exchange (net) (297.16) (132.61) Sundry balances written back (9.17) (33.23) Operating profit before working capital changes 25,398.21 18,482.13 Movements in working capital: Decrease/(Increase) in trade receivables 1,556.66 (1,507.10) Increase in inventories (13,468.16) (17,965.78) (Increase)/Decrease in financial assets (350.02) 192.90 Increase in non-financial assets (including contract assets) (12,203.99) (2,274.97) Increase in acceptances 23,061.81 16,278.48 Increase in trade payables 1,867.38 1,268.36 Increase in financial liabilities 279.09 804.64 Increase in provisions 198.85 54.11 (Decrease)/Increase in non-financial liabilities (including contract liabilities) (4,902.62) 5,856.53 Cash generated from operations 21,437.21 21,189.30 Income tax paid (including TDS) (net of refunds) (5,132.84) (3,797.51) Net cash generated from operating activities (A) 16,304.37 17,391.79 B. Cash Flows From Investing Activities Purchase of property, plant and equipment (including CWIP) (5,901.97) (7,322.45) Purchase of other intangible assets (0.96) Purchase of investment property (133.85) Proceeds from sale of property, plant and equipment 7.34 42.21 Investment in mutual funds (88,572.85) (66,026.71) Proceeds from sale of mutual funds 84,007.00 67,146.04 Investments in bank deposits (13,182.71) (4,492.46) Bank deposits matured 14,555.53 1,480.00 Investment made in equity shares of subsidiaries (1.00) Investment made in equity instruments of captive power generating company (187.67) Loan given to related parties (160.00) Loan received back from related parties 84.00 5.00 Loan (given to)/repaid by employees (net) (1.39) 0.84 Interest received 112.65 86.48 Net cash used in investing activities (B) (9,374.92) (9,082.01) C. Cash Flows From Financing Activities Proceeds from exercise of share options 59.12 42.86 Payment of principal portion of lease liabilities (includes upfront lease payment) (95.40) (111.67) Payment of interest on lease liabilities (40.87) (36.03) Interest and other finance cost paid (1,514.50) (846.56) Dividends paid (7,079.85) (5,267.72) Net cash used in financing activities (C) (8,671.50) (6,219.12) Net increase/(decrease) in cash and cash equivalents (A+B+C) (1,742.05) 2,090.66 Cash and cash equivalents at the beginning of the period 3,522.13 2,003.27 Cash and cash e• the end of the period 1,780.08 4,093.93 80. Co. Z( .014th Floor, Central B Wing and North C Wing, Nesco IT Park4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai . 400 063 Page 4 of 5 ed Acco
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POLYCAB Polycab India Limited Registered office: Unit 4, Plot Number 105, Halol Vadodara Road, Village Nurpura, Taluka Halol, Panchmahal, Gujarat 389350 Corporate Office: #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400028 Phone number: +91 22 67351400, CIN: L31300GJ1996PLC114183 Website: www.polycab.com, E-mail: shares@polycab.com Notes: i) During the period ended 30 September 2026, the Company has allotted 141,080 equity shares of ₹ 10/- each to the option grantees upon exercise of options under the Company's Employee Stock Option Scheme 2018. As a result of allotment, the paid-up equity share capital of the Company has increased from 15,05,50,508 equity share of ₹ 10/- each to 15,06,91,587 equity share of ₹ 10/- each. ii) The Board of Directors of the Company at their meeting held on 06 May 2025 had considered and approved the Scheme of Amalgamation between the Company and Uniglobus Electricals and Electronics Private Limited (UEEPL), a wholly owned subsidiary of the Company on a going concern basis. The Hon'ble National Company Law Tribunal (NCLT), Ahmedabad Bench, vide its order dated 27 February 2026 had approved the Scheme of Amalgamation with the appointed date of the amalgamation being 01 April 2025.The Amalgamation has been accounted for in the books of account of the Company in accordance with Ind AS 103 'Business Combination' read with Appendix C to Ind AS 103 specified under Section 133 of the Act, read with the Companies (Indian Accounting Standards) Rules, 2015. Below is the Summary of previously reported and restated financial numbers: Particulars Quarter ended Quarter ended 30 Sep 25 30 Sep 25 (Reported) (Restated) Impact in Total Income 63,906.54 64,028.00 0.19% Total Expenses 54,944.24 55,111.27 0.30% Profit before tax 8,962.30 8,916.73 -0.51% Basic Earnings Per Share 44.83 44.58 -0.56% Diluted Earnings Per Share 44.75 44.50 -0.56% Particulars Period ended Period ended 30 Sep 25 30 Sep 25 (Reported) (Restated) Impact in % Total Revenue 1,21,775.14 1,22,069.20 0.24% Total Expenses 1,05,250.41 1,05,624.17 0.36% Profit before tax 16,524.73 16,445.03 -0.48% Basic Earnings Per Share 82.58 82.14 -0.53% Diluted Earnings Per Share 82.30 81.86 -0.53% iii) The Hon'ble National Company Law Tribunal, Ahmedabad Bench ("Hon'ble NCLT"), vide its order dated October 07, 2026, had admitted a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 in respect of an alleged operational debt of ₹27.9 million. The Company filed Appeal before the Hon'ble National Company Law Appellate Tribunal, Principal Bench, New Delhi which, vide, its Order dated October 09, 2026, has stayed and kept in abeyance the order passed by the Hon'ble NCLT. The Company, in consultation with its legal advisors, is of the opinion that it has a strong case with good grounds of appeal, including that of it being a commercial dispute. The Company expects no material impact on its financial position or business operations. The matter remains sub-judice and will continue to be closely monitored on an ongoing basis. iv) The Ministry of Environment, Forest and Climate Change has notified the Hazardous and Other Wastes (Management and Transboundary Movement) Amendment Rules, 2025 (the "Rules"), effective from 1 April 2026. Under these Rules, Extended Producer Responsibility (EPR) obligations have been imposed on producers, including cables and wires manufacturers, for the recycling of non-ferrous metal scrap. Such obligations are required to be fulfilled through the purchase of EPR certificates from registered recyclers via a Centralized Online Portal. However, the EPR registration portal is still under development by the Central Pollution Control Board (CPCB), and the detailed implementation framework and operational procedures under the Rules, including the modalities governing the issuance, trading, and pricing mechanism of EPR certificates, are yet to be developed and notified. Consequently, the Company is currently unable to reliably estimate potential impact of these rules. The Company will continue to assess the ability to measure its obligations pursuant to the Rules, as and when the aforesaid details of implementation framework are available. v) The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 15 October 2026. The statutory auditors have expressed an unmodified report on these results. Place: Mumbai Date: 15 October 2026 Page 5 of 5 For Polyc • I dia Limited R. Jaisinghani rcr ( (..), J t Managing Director e-sk v o‘ & Co. ton Root Central 8 King and * North C Wong, Nesco IT Park4, Nesco Center, Western Express Highway . Goregaon (East), * ij Mumbai - 400 063 61C/ ACCO