CG Power and Industrial Solutions Limited has reported stellar financial results for the quarter and year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹12,417.95 crore, representing significant year-on-year growth. Driven by robust performance across its Power and Industrial Systems segments, the company recorded a consolidated annual profit of ₹1,198.68 crore, demonstrating operational excellence and a solid execution strategy throughout the fiscal year.
Annual Financial Performance
For the financial year ended March 31, 2026, the company delivered strong consolidated results. Total income reached ₹12,662.22 crore, a substantial increase compared to the previous year. The consolidated profit after tax for the full year stood at ₹1,198.68 crore, compared to ₹972.98 crore in the previous fiscal year. This growth highlights the company’s ability to scale operations while maintaining healthy margins.
Segment-Wise Highlights
The company’s diverse business segments continued to be key drivers of value. The Power Systems segment reported an annual revenue of ₹5,138.18 crore, while the Industrial Systems segment reached ₹6,747.04 crore. Furthermore, the company successfully integrated its new Semiconductors segment, which contributed ₹502.77 crore in revenue during the year, marking a strategic expansion into high-growth technology markets.
Strategic Developments and Capital Projects
During the fiscal year, the company successfully raised ₹3,000 crore through a Qualified Institutions Placement (QIP) by issuing 45,454,545 equity shares. These funds are earmarked for strategic growth and operational enhancements. Additionally, the company is making significant progress in the semiconductor sector, with its subsidiary CG Semi Private Limited recognizing significant government grants for setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility, with ₹601.46 crore already received.
Operational Milestones
Management highlighted a focus on operational efficiency and capacity expansion. The company’s continued focus on digital and technological upgrades remains a priority. Despite facing one-time impacts from new Labour Codes, which resulted in additional gratuity and leave liabilities of ₹35.57 crore, the underlying business momentum remains strong. The Board has also demonstrated its commitment to shareholder value by declaring an interim dividend of ₹1.30 per equity share during the year.
Source: BSE
