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Informist, Friday, Jul. 24, 2026

 

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--CG Power Apr-Jun consol net profit INR 3.13 bln 
--Analysts saw CG Power Apr-Jun consol net profit at INR 3.35 bln 
--CG Power Apr-Jun consol revenue INR 32.81 bln 
--Analysts saw CG Power Apr-Jun consol revenue at INR 35.35 bln 
--CG Power Apr-Jun consol net profit INR 3.13 bln vs INR 2.69 bln year ago 
--CG Power Apr-Jun consol revenue INR 32.81 bln vs INR 28.78 bln year ago 
--CG Power Q1 consol industrial ops revenue INR 17.90 bln vs INR 16.92 bln 
--CG Power Q1 power systems revenue INR 13.98 bln vs INR 10.70 bln yr ago

 

By Shakshi Jain

 

NEW DELHI – CG Power and Industrial Systems Ltd. Friday posted a moderate year-on-year increase in its consolidated net profit as well as revenue from operations for the June quarter but fell short of the Street's expectations on both fronts. A near-threefold jump in other income helped the bottom-line growth outpace the top-line rise for the three months. Interestingly, this was despite total expenses and tax rising faster than the top line for the reporting quarter.

 

The net profit of the company grew for the sixth consecutive quarter, however, the year-on-year pace of growth was slower than in the preceeding three quarters. The top-line growth was the slowest in 10 quarters.

 

The electrical engineering solutions provider's consolidated net profit rose over 16% on year but fell more than 14% sequentially to INR 3.13 billion. Analysts consensus estimate had pegged the bottom line for the quarter at INR 3.35 billion.

 

The Mumbai-based company's consolidated revenue rose 14% on year and fell almost 5% sequentially to INR 32.81 billion. Analysts had expected the company to post a top line of INR 35.35 billion for the quarter.  

 

Other income of the company rose almost 196% on year for the June quarter to INR 836 million. 

 

CG Power's total expenses rose almost 16% on year to INR 29.42 billion for the reporting quarter. Further, tax for the three months rose over 18% on year to INR 1.15 billion.

 

On the top-line front, contribution from the industrial systems segment grew to INR 17.90 billion for the reporting quarter from INR 16.92 billion a year ago. Revenue from the power systems segment stood at INR 13.98 billion, up from INR 10.70 billion in the year-ago quarter. The smaller semiconductors segment added INR 940.3 million to the overall top line for the June quarter, down from INR 1.08 billion a year ago.

 

CG Power reported consolidated earnings before interest, tax, depreciation, and amortisation of INR 4.81 billion for the quarter under review, up 17% on year. The EBITDA margin expanded by 50 basis points on year to 14.7% for the quarter.

 

"Margin gains driven by strong standalone performance were partially offset by continued investment in the talent pool for semiconductor businesses," the company said in a press release.

 

Meanwhile, sales in the power systems segment reflect strong execution discipline, the company said.

 

Overall, the consolidated order intake for the quarter added up to INR 52.11 billion. The consolidated unexecuted order backlog amounted to INR 189.65 billion as of Jun. 30, up 45% on year.

 

Friday, shares of the company ended at INR 867.70 on the National Stock Exchange, down 1.8%.  End

 

Edited by Akul Nishant Akhoury

 

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