CG Power Q1 profit rises 16% to ₹308 crore
CG Power and Industrial Solutions on Friday (July 24, 2026) posted 15.5% rise in consolidated net profit at $308.28 crore for the June quarter FY27 on the back of higher revenues.In the year-ago period, net profit stood at ₹266.87 crore, as per an exchange filing. The project is expected to be completed within 4-6 months.Order intake for the quarter was ₹5,211 crore, and unexecuted order backlog as of June 30, 2026, was 45% higher YoY at ₹18,965 crore.“This quarter continues to reflect steady, disciplined execution in an uncertain external environment. While global trade realignments, currency volatility, and elevated input costs remain part of the landscape, we continue adapting effectively.
- ▪CG Power and Industrial Solutions on Friday (July 24, 2026) posted 15.5% rise in consolidated net profit at $308.28 crore for the June quarter FY27 on the back of higher revenues.In the year-ago period, net profit stood at ₹266.87 crore, as
- ▪The project is expected to be completed within 4-6 months.Order intake for the quarter was ₹5,211 crore, and unexecuted order backlog as of June 30, 2026, was 45% higher YoY at ₹18,965 crore.“This quarter continues to reflect steady, discip
- ▪While global trade realignments, currency volatility, and elevated input costs remain part of the landscape, we continue adapting effectively.
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| Publication time | Fri, 24 Jul 2026 21:11:55 +0530 |
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CG Power and Industrial Solutions on Friday (July 24, 2026) posted 15.5% rise in consolidated net profit at $308.28 crore for the June quarter FY27 on the back of higher revenues.In the year-ago period, net profit stood at ₹266.87 crore, as per an exchange filing. Total income rose to ₹3,364.39 crore from ₹2,906.30 crore.The results include the performance of the operating subsidiaries in Sweden, Germany and the Netherlands and other non-operating subsidiaries.The company's board has approved the expansion project for manufacturing Extra High Voltage (EHV) Gas Insulated Switchgear (GIS) at Vilholi, Nashik.The existing EHV GIS manufacturing facility is operating at full capacity, with constraints in both production throughput and available physical space.The shop floor, assembly bays,…
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