CG Power and Industrial Solutions Limited announced its Q3 2026 results, reporting revenue from operations at ₹2,909.44 crores. The board approved an interim dividend of ₹1.30 per share and re-appointed Mr. Sriram Sivaram as a Non-Executive Independent Director. They have also approved the re-classification of Algavista Greentech Private Limited from Promoter Group to Public category. The meeting occurred on January 27, 2026.
Financial Performance
CG Power announced its unaudited standalone financial results for Q3 2026. Key highlights include:
- Revenue from operations: ₹2,909.44 crores
- Profit before exceptional items and tax: ₹454.14 crores
- Profit after tax: ₹311.65 crores
The company’s total comprehensive income after tax stood at ₹311.39 crores. Earnings per share were reported at ₹1.98 (basic and diluted).
Interim Dividend Declaration
The Board approved an interim dividend of ₹1.30 per equity share (65% on face value of ₹2). The record date for determining eligible members is February 1, 2026. Payment will occur within 30 days of declaration.
Director Re-Appointment
Mr. Sriram Sivaram has been re-appointed as a Non-Executive Independent Director for a second term of 5 years, effective June 11, 2026, subject to member approval. Mr. Sriram fulfills independence criteria as per company guidelines.
Re-classification of Shareholding
The Board approved the reclassification of M/s. Algavista Greentech Private Limited from the ‘Promoter Group’ to the ‘Public’ category, further to their request received on December 18, 2025. The reclassification is subject to the issuance of a no-objection letter by the stock exchanges.
Segment-Wise Performance
Key figures from the segment-wise performance include:
- Power Systems: Revenue of ₹1,326.29 crores and profit before tax and finance costs of ₹283.49 crores.
- Industrial Systems: Revenue of ₹1,584.77 crores and profit before tax and finance costs of ₹149.44 crores.
Source: BSE
