Polycab India Limited (PIL), an Indian manufacturer of wires and cables, has released its consolidated results for the first quarter ending June 30, 2023. The company has registered an increase of 42% in revenue, 77% in EBITDA, and 81% in PAT compared to the same period last year. Despite lower commodity prices, the company achieved […]
Polycab India has agreed to acquire Indian home automation company Silvan Innovation Labs based in Bengaluru for INR 182 million. The consideration is made up of nearly INR 102 million for shares and about INR 80 million as additional funds infusion for discharging some outstanding liabilities. Silvan Innovation Labs is engaged in providing automation offerings […]
KPI Global Infrastructure said that it has signed a new long term power purchase agreement (PPA) with Polycab Vadodara for the sale of 5.7MW solar power. The power will be purchased by Polycab Vadodara for its different units for a period of 20 years under the Independent Power Producer (IPP) business vertical. Polycab is a […]