CG Power and Industrial Solutions Limited reported robust financial results for the quarter and year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹12,417.95 crore, marking a significant increase from the previous year. Profitability also saw a positive trend, with consolidated profit after tax reaching ₹1,198.68 crore for the year. Key growth drivers included strong performance in its power and industrial systems segments and recent strategic acquisitions.
Consolidated Financial Performance
For the fiscal year ended March 31, 2026, CG Power delivered impressive growth. The company’s consolidated revenue from operations rose to ₹12,417.95 crore, compared to ₹9,908.66 crore in the previous year. Profit after tax for the consolidated entity stood at ₹1,198.68 crore, demonstrating the company’s strong operational execution throughout the year.
Segment-Wise Results
The company continues to see strong demand across its core business areas. The Power Systems segment reported an annual revenue of ₹5,138.18 crore, while the Industrial Systems segment reached ₹6,747.04 crore. Additionally, the company’s entry into the Semiconductor business has started contributing to the top line, recording ₹502.77 crore in revenue since its acquisition.
Strategic Developments and QIP Utilization
During the year, the company successfully raised ₹3,000 crore through a Qualified Institutions Placement (QIP). As of March 31, 2026, ₹380.80 crore of these funds have been utilized in alignment with the stated objects. The remaining capital is temporarily invested in fixed deposits and mutual funds.
Business Expansion and Acquisitions
The group successfully finalized the acquisition of a Fabless semiconductor design business from Renesas Electronics, accounting for the purchase at ₹284.13 crore. Furthermore, the company reported a strategic deconsolidation of its step-down subsidiary, PT Crompton Prima Switchgear Indonesia, resulting in a gain of ₹1.95 crore. Additionally, its subsidiary CG Semi Private Limited has made significant progress in establishing an Outsourced Semiconductor Assembly and Test (OSAT) facility, recognizing government grant receivables of ₹668.19 crore.
Source: BSE
