RMC Switchgears H1 Sales Double To Rs 2.21 Billion

08 Oct 2025 CW Team

The strong performance was primarily driven by the Solar EPC segment, which contributed approximately Rs 1.14 billion to total revenue. The Electrical EPC and Electrical Products segments followed, contributing Rs 570 million and Rs 500 million, respectively.

The continued momentum in the Solar EPC business highlights the strategic relevance of the company’s upcoming Solar Module Manufacturing Plant, which will ensure a reliable and cost-efficient supply base. Once operational, the facility is expected to strengthen project execution capabilities and improve the company’s overall margin profile.

As of 30 September 2025, RMC Switchgears has a projects and orders pipeline worth Rs 8.25 billion, scheduled for execution over the next 12 months. The company’s performance across its core business areas provides a solid foundation for sustained growth in the second half of the year.

During the second quarter of FY2026, RMC also completed its proof of concept (POC) for the Pulse Box—an intelligent low-tension power distribution system designed to improve grid safety, deter electricity theft, and reduce technical losses. The Pulse Box is a key component of RMC’s smart distribution roadmap, with further rollout contingent on utility approvals, field results, and commercial viability.

Commenting on the company’s progress, Mr. Ankit Agrawal, CEO and Whole-Time Director of RMC Switchgears Limited, said,

“RMC’s first-half performance reflects disciplined execution across our core segments and strong traction from the Solar EPC segment. We have deepened engineering capabilities, strengthened project planning, and optimised turnaround times, enhancing delivery reliability for our customers. These operational gains are building a stronger market position and will support sustained, quality growth as we continue to prioritise prudent capital allocation and governance.”

RMC Switchgears Limited has reported unaudited sales of Rs 2.21 billion for the first half of the financial year 2025–26 (April to September), compared with Rs 1.05 billion in the same period of FY2024–25 — a robust year-on-year growth of over 110 per cent.The strong performance was primarily driven by the Solar EPC segment, which contributed approximately Rs 1.14 billion to total revenue. The Electrical EPC and Electrical Products segments followed, contributing Rs 570 million and Rs 500 million, respectively.The continued momentum in the Solar EPC business highlights the strategic relevance of the company’s upcoming Solar Module Manufacturing Plant, which will ensure a reliable and cost-efficient supply base. Once operational, the facility is expected to strengthen project execution capabilities and improve the company’s overall margin profile.As of 30 September 2025, RMC Switchgears has a projects and orders pipeline worth Rs 8.25 billion, scheduled for execution over the next 12 months. The company’s performance across its core business areas provides a solid foundation for sustained growth in the second half of the year.During the second quarter of FY2026, RMC also completed its proof of concept (POC) for the Pulse Box—an intelligent low-tension power distribution system designed to improve grid safety, deter electricity theft, and reduce technical losses. The Pulse Box is a key component of RMC’s smart distribution roadmap, with further rollout contingent on utility approvals, field results, and commercial viability.Commenting on the company’s progress, Mr. Ankit Agrawal, CEO and Whole-Time Director of RMC Switchgears Limited, said,“RMC’s first-half performance reflects disciplined execution across our core segments and strong traction from the Solar EPC segment. We have deepened engineering capabilities, strengthened project planning, and optimised turnaround times, enhancing delivery reliability for our customers. These operational gains are building a stronger market position and will support sustained, quality growth as we continue to prioritise prudent capital allocation and governance.”

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..