Powerica reports 59.95 crore profit for Q2 FY27

Powerica Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a profit after tax of ₹64.49 crore for the quarter and ₹124.44 crore for the six months ended September 30, 2026. Key decisions also included the sale of a subsidiary’s shares and a postal ballot notice for shareholders.

Powerica Announces Q2 FY27 Financial Results

Powerica Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The Board of Directors, at its meeting held on November 05, 2026, considered and approved these results.

Financial Highlights

For the quarter ended September 30, 2026, the company reported a Profit After Tax of ₹64.49 crore. For the half year ended September 30, 2026, the Profit After Tax stood at ₹124.44 crore.

Key Business Updates

The Board also approved other significant matters:

  • Sale of Shares: Sale of 1,22,500 equity shares of Windstride Power Private Limited, representing 49% of its paid-up share capital, to GE Renewable R&D India Private Limited.
  • Postal Ballot Notice: A notice for a postal ballot was approved to seek shareholder approval for granting a loan to Windstride Power Private Limited.
  • Policy Amendments: Amendments to the Code of Conduct for regulating, monitoring, and reporting of trading by Insiders and the Code of practices and procedures for fair disclosure of unpublished price sensitive information were approved.

The company has provided Unaudited Financial Results, Statement of Assets and Liabilities, Cash Flow Statement, and the Limited Review Report from its Statutory Auditors as ‘Annexure A’. Additionally, a statement of Deviation(s) or Variation(s) regarding the utilization of funds raised through Initial Public Offer (IPO) for the quarter ended September 30, 2026, is enclosed as ‘Annexure B’. Details as required under Regulation 30 of SEBI Listing Regulations are provided in ‘Annexure C’.

Source: BSE

Previous Article

Trescon Limited approves Q2 FY27 financial results and reappoints directors