CG Posts Record FY26 Standalone Revenue And Profitability
ECONOMY & POLICY

CG Posts Record FY26 Standalone Revenue And Profitability

CG Power and Industrial Solutions reported record standalone results for the quarter and fiscal year ended 31 March 2026, driven by operating discipline, strategic focus and order momentum. Quarterly sales rose 22 per cent to Rs 31.29 billion (bn) and profit before tax grew 43 per cent, delivering about 260 basis points of margin expansion. For FY26 sales increased 21 per cent to Rs 113.31 billion (bn) while profit before tax rose 34 per cent, with margin gains of 143 basis points and a robust order backlog.

Standalone quarterly performance included sales of Rs 31.29 bn, EBITDA of Rs 5.73 bn and profit before tax of Rs 5.47 bn, the highest in recent times. PAT before exceptional items was Rs 4.12 bn, representing 13.2 per cent of sales. Return on capital employed for the quarter annualised at 27 per cent. Order intake for the quarter reached Rs 45.05 bn, taking the unexecuted order backlog to Rs 157.19 bn, up 59 per cent year on year.

Industrial Systems maintained a sequential improvement despite commodity volatility, recording quarterly sales of Rs 16.43 bn and annual sales of Rs 61.97 bn, with motors showing robust demand. PBIT for the segment was Rs 1.57 bn in the quarter, with margins affected by mix changes and competitive pricing in railways and commodity pressure in motors. Power Systems delivered sharper growth with quarterly sales of Rs 14.87 bn, PBIT of Rs 3.54 bn and a significant margin expansion underpinned by execution.

On a consolidated basis sales for FY26 were Rs 124.18 bn and profit after tax before exceptional items was Rs 12.32 bn, with continued investments in semiconductor talent partially offsetting margin gains. The company completed a Rs 30.00 bn QIP, launched a semiconductor OSAT facility with initial peak capacity of zero point five million (mn) units per day and secured an export order of Rs 9.00 bn.

CG Power and Industrial Solutions reported record standalone results for the quarter and fiscal year ended 31 March 2026, driven by operating discipline, strategic focus and order momentum. Quarterly sales rose 22 per cent to Rs 31.29 billion (bn) and profit before tax grew 43 per cent, delivering about 260 basis points of margin expansion. For FY26 sales increased 21 per cent to Rs 113.31 billion (bn) while profit before tax rose 34 per cent, with margin gains of 143 basis points and a robust order backlog. Standalone quarterly performance included sales of Rs 31.29 bn, EBITDA of Rs 5.73 bn and profit before tax of Rs 5.47 bn, the highest in recent times. PAT before exceptional items was Rs 4.12 bn, representing 13.2 per cent of sales. Return on capital employed for the quarter annualised at 27 per cent. Order intake for the quarter reached Rs 45.05 bn, taking the unexecuted order backlog to Rs 157.19 bn, up 59 per cent year on year. Industrial Systems maintained a sequential improvement despite commodity volatility, recording quarterly sales of Rs 16.43 bn and annual sales of Rs 61.97 bn, with motors showing robust demand. PBIT for the segment was Rs 1.57 bn in the quarter, with margins affected by mix changes and competitive pricing in railways and commodity pressure in motors. Power Systems delivered sharper growth with quarterly sales of Rs 14.87 bn, PBIT of Rs 3.54 bn and a significant margin expansion underpinned by execution. On a consolidated basis sales for FY26 were Rs 124.18 bn and profit after tax before exceptional items was Rs 12.32 bn, with continued investments in semiconductor talent partially offsetting margin gains. The company completed a Rs 30.00 bn QIP, launched a semiconductor OSAT facility with initial peak capacity of zero point five million (mn) units per day and secured an export order of Rs 9.00 bn.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code