Reported by Business Standard Companies, not nibnow. We are not the publisher of this story, only the source is.
The company’s 44% profit surge shows a significant improvement in earnings that could affect its stock price and investor sentiment.
CG Power and Industrial Solutions on Friday posted 44 per cent jump in consolidated net profit at Rs 409.09 crore for September quarter FY27, supported by higher revenues. The Mumbai-headquartered entity had clocked a profit after tax (PAT) of Rs 284.44 crore in the year-ago period, it said in an exchange filing. During the quarter, the company's total income increased to Rs 3,883.25 crore from Rs 2,988.89 crore in Q2 FY26. From power systems segment, the revenue was Rs 1,766.76 crore as against
CG Power and Industrial Solutions is a Mumbai‑based manufacturer of power equipment and industrial solutions, and its quarterly earnings are closely watched as an indicator of health in India’s power sector.