Archive · 24 Jul 2026
CG Power Reports ₹313 Crore Q1 Profit
CG Power and Industrial Solutions Ltd reported a net profit of ₹313.01 crore for the first quarter of 2026, which is a 16.2% increase from the same period last year.
The company's revenue from operations also grew by 14% to ₹3,280.81 crore.
The board approved a ₹35.17 crore expansion project in Nashik to double the manufacturing capacity for Extra High Voltage Gas Insulated Switchgear.
This expansion is expected to be completed within 4 to 6 months and will be funded through internal accruals or equity.
The company's current facility is operating at full capacity, necessitating this expansion to meet higher order intake.
CG Power reported a 16.2% increase in net profit to ₹313.01 crore for Q1 2026.
Revenue from operations grew by 14% to ₹3,280.81 crore.
Total expenses increased to ₹2,941.51 crore.
Basic EPS for continuing operations rose to ₹1.99.
Board approved a ₹35.17 crore expansion project in Nashik to double EHV GIS capacity.
- Who
- CG Power and Industrial Solutions Ltd
- What
- Reported a 16.2% increase in net profit and approved a ₹35.17 crore expansion project
- When
- Quarter ended June 30, 2026
- Where
- Mumbai, India
- Why
- To meet higher order intake and double manufacturing capacity for EHV GIS
Investor Perspective
Company Management Perspective
Profit Growth
Investor Perspective
Investors may view the 16.2% profit growth positively, indicating strong financial health and potential for higher returns.
Company Management Perspective
Management sees this as a result of efficient operations and strategic decisions, reinforcing their business model.
Expansion Funding
Investor Perspective
Investors might prefer external funding for expansion to avoid diluting earnings per share.
Company Management Perspective
Management opts for internal accruals or equity to maintain control and avoid debt.
- Consolidated Net Profit
- ₹313.01 crore
- Revenue from Operations
- ₹3,280.81 crore
- Total Expenses
- ₹2,941.51 crore
- Earnings Per Share (EPS)
- ₹1.99
- Nashik Expansion Cost
- ₹35.17 crore
- Project Timeline
- 4 to 6 months