General Updates

Date: July 16, 2026 To To Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, C-1, G-Block, Bandra-Kurla Complex Dalal Street, Mumbai, MH - 400001 Bandra (E), Mumbai, MH - 400051 Scrip Code: 542652 Scrip Symbol: POLYCAB ISIN: INE455K01017 Dear Sir(s) / Madam(s) Subject: Unaudited Interim Condensed (Standalone and Consolidated) Financial Statements for the quarter ended June 30, 2026. With reference to the captioned subject, please find enclosed herewith the Unaudited Interim Condensed (Standalone and Consolidated) Financial Statements of the Company, along with Review Reports for the quarter ended June 30, 2026 as approved by the Board of Directors at its meeting held today i.e. July 16, 2026. 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: as above Corporate Office: Registered Office: Polycab India Limited Unit 4, Plot No 105, Halol Vadodara Road CIN: L31300GJ1996PLC114183 Village Nurpura, Taluka Halol, Panchmahal, #29, The Ruby, 21st Floor, Senapati Bapat Marg, Panch Mahals, Gujarat 389 350 Tulsi Pipe Road, Dadar (West), Mumbai 400 028 Tel: +91 2676- 227600 / 227700 Tel: +91 22 2432 7070 - 74 Email: shares@polycab.com Web: www.polycab.com Polycab India Limited Unaudited Interim Condensed Consolidated Financial Statements for the three months period ended 30 June 2026 Index Page No. Auditors' Review Report 1 Balance Sheet 3 Statement of Profit and Loss 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Overview and notes to the financial statements A Overview 1 Corporate Information 8 2A Basis of preparation 8 2B Use of estimates and judgements 8 2C Changes in material accounting policy information 8 2D Recent Indian Accounting Standards (Ind AS) issued not yet effective 8 B Notes to financial statements 3 Property, plant and equipment 9 4 Right of use assets 10 5 Other intangible assets 10 6 Investment 11 7 Cash and cash equivalents 11 8 Inventories 11 9 Borrowings 12 10 Acceptances 12 11 Trade payables 13 12 Revenue from operations 14 13 Other income 14 14 Finance cost 15 15 Other expenses 15 16 Earnings per share 15 17 Contingent liabilities and commitments 16 18 Related party disclosure 17 19 Segment Reporting 18 20 Financial Instruments and Fair Value Measurement 20 21 Financial Risk Management Objectives And Policies 22 22 Hedging activity and derivatives 26 23 Events after the reporting period 28 24 Income Tax 28 25 Extended Producers Responsibility (EPR) 28 26 Dividend 28 27 Others 28 Polycab India Limited Unaudited Interim Condensed Consolidated Balance Sheet as at 30 June 2026 (₹ million) As at As at Notes 30 Jun 26 31 Mar 26 (Unaudited) (Audited) ASSETS Non-current assets Property, plant and equipment 3 34,318.87 3 5,050.71 Capital work-in-progress 3 14,219.10 1 1,392.59 Investment Property under Construction 930.90 8 83.02 Right of use assets 4 1,467.10 1 ,426.27 Other intangible assets 5 28.68 40.97 Investments accounted for using the equity method 6A - - Financial assets (a) Investment in equity instruments of captive power generating company 6A 44.04 - (b) Trade receivables 4,587.05 4 ,477.84 (c) Other financial assets 1,337.79 5 71.94 Non-current tax assets (net) 387.52 5 58.74 Deferred tax assets (net) 118.43 1 16.02 Other non-current assets 4,053.97 3 ,638.74 61,493.45 5 8,156.84 Current assets Inventories 8 62,043.71 5 5,595.98 Financial assets (a) Investments 6B 35,441.17 3 4,048.23 (b) Trade receivables 33,193.68 3 7,585.04 (c) Cash and cash equivalents 7 1,092.16 3 ,903.43 (d) Bank balance other than cash and cash equivalents 3,743.31 4 ,921.27 (e) Loans 114.22 1 12.31 (f) Other financial assets 2,760.42 2 ,632.57 Other current assets 14,589.58 7 ,780.05 1 ,52,978.25 1 ,46,578.88 Non-current assets classified as held for sale 27.04 26.18 Total assets 2 ,14,498.74 2 ,04,761.90 EQUITY AND LIABILITIES Equity (a) Equity share capital 1,506.35 1 ,505.51 (b) Other equity 1 ,19,503.87 1 ,18,580.25 1 ,21,010.22 1 ,20,085.76 Non-controlling interests 1,304.89 1 ,181.93 1 ,22,315.11 1 ,21,267.69 Liabilities Non-current liabilities Financial liabilities (a) Borrowings 9A 358.11 3 92.67 (b) Lease liabilities 860.61 8 03.72 (c) Other financial liabilities 42.39 51.70 Provisions 7 05.53 5 63.98 Deferred tax liabilities (net) 470.48 5 24.06 Other non-current liabilities 1,829.83 1 ,505.64 4,266.95 3 ,841.77 Current liabilities Financial liabilities (a) Borrowings 9B 693.57 9 32.23 (b) Lease liabilities 213.39 2 26.55 (c) Acceptances 10 51,407.66 4 2,656.19 (d) Trade payables 11 Total outstanding dues of micro enterprises and small enterprises 2,524.57 1 ,635.35 Total outstanding dues of creditors other than micro enterprises and small enterprises 14,453.30 1 6,352.79 (e) Other financial liabilities 4,182.40 2 ,864.77 Other current liabilities 11,239.46 1 2,871.06 Provisions 1 ,456.44 1 ,341.95 Current tax liabilities (net) 1,745.89 7 71.55 87,916.68 7 9,652.44 Total equity and liabilities 2 ,14,498.74 2 ,04,761.90 Corporate information and summary of material accounting policy information 1 & 2 Contingent liabilities and commitments 17 Other notes to accounts 18 to 27 The accompanying notes are an integral part of the consolidated financial statements. As per our report of even date For and on behalf of the Board of Directors of For B S R & Co. LLP Polycab India Limited Chartered Accountants CIN : L31300GJ1996PLC114183 ICAI Firm Registration No. 101248W/W-100022 sd/- sd/- sd/- sd/- Sreeja Marar Inder T. Jaisinghani Bharat A. Jaisinghani Nikhil R. Jaisinghani Partner Chairman & Managing Director Joint Managing Director Joint Managing Director Membership No. 111410 DIN : 00309108 DIN : 00742995 DIN : 00742771 sd/- sd/- Place: Mumbai Niyant Maru Place: Mumbai Manita Gonsalves Date: 16 July 2026 Chief Financial Officer Date: 16 July 2026 Company Secretary Membership No. 042136 Membership No. A18321 Polycab India Limited Unaudited Interim Condensed Consolidated Statement of Profit & Loss for three months period ended 30 June 26 (₹ million) Notes Period ended Period ended 30 Jun 26 30 Jun 25 (Unaudited) (Unaudited) INCOME Revenue from operations 12 82,097.32 59,059.76 Other income 13 1,049.15 799.45 Total income 83,146.47 59,859.21 EXPENSES Cost of materials consumed 65,123.50 41,853.12 Purchases of stock-in-trade 1,221.14 1,255.26 Changes in inventories of finished goods, stock-in-trade and work-in-progress (5,626.53) (1,685.63) Project bought outs and subcontracting cost 1,801.97 1,765.06 Employee benefits expense 2,614.75 2,188.99 Finance costs 14 800.21 512.56 Depreciation and amortisation expense 1 ,028.70 857.03 Other expenses 15 5,600.50 5,106.95 Total expenses 72,564.24 51,853.34 Profit before share of profit / (loss) of joint venture 10,582.23 8,005.87 Share of Profit/ (loss) of joint venture (net of tax) (refer note 7A(ii)) - - Profit before tax 10,582.23 8,005.87 Tax expenses Current tax 2,643.82 1,964.18 Deferred tax (credit) / charge (28.13) 44.73 Total tax expenses 2,615.69 2,008.91 Profit for the period 7,966.54 5,996.96 Other comprehensive income Items that will not be reclassified to profit or loss Re-measurement loss on defined benefit plans (110.80) (150.96) Income Tax relating to items that will not be reclassified to profit or loss 27.86 37.94 Items that will be reclassified to profit or loss Exchange difference on translation of foreign operations 0.64 1.82 Effective portion of gain / (losses) on hedging instrument in cash flow hedges - 22.42 Income Tax relating to items that will be reclassified to profit or loss - (5.65) Other comprehensive income / (losses) for the period, net of tax (82.30) (94.43) Total comprehensive income for the period, net of tax 7,884.24 5,902.53 Profit for the [Showing first 8,000 characters — download PDF for full document]