CG Power Strengthens Growth Trajectory with Solid Q3 FY26 Financial Performance – EQ
In Short : CG Power and Industrial Solutions delivered a strong performance in the third quarter of FY26, reporting a 19% rise in net profit to ₹284 crore and a 26% increase in revenue. The growth reflects robust demand across key electrical and industrial segments, improved operational efficiencies, and sustained momentum from infrastructure and industrial investment activity.
In Detail : CG Power reported an encouraging set of results for Q3 FY26, highlighting the company’s steady progress amid a supportive demand environment. Strong execution capabilities and rising market opportunities enabled the company to scale operations while maintaining profitability, reinforcing confidence in its overall business strategy.
Net profit rose 19% year-on-year to ₹284 crore during the quarter, supported by higher sales volumes and disciplined cost management. Improved operating leverage, better absorption of fixed costs, and enhanced efficiency across manufacturing and project execution contributed meaningfully to the rise in earnings.
Revenue growth of 26% underscored strong demand across CG Power’s core segments, including power systems, industrial solutions, and traction equipment. Increased spending on power infrastructure, railways, and industrial electrification projects drove higher order execution and supported a healthy topline expansion.
Domestic demand remained a key growth driver as investments in transmission, distribution, and industrial capacity continued to gather pace. Government-led infrastructure programmes and private sector capex provided a steady pipeline of opportunities, enabling the company to sustain strong order inflows during the quarter.
Operational improvements played a critical role in supporting margins despite cost pressures in the broader market. CG Power’s focus on productivity enhancement, supply chain optimisation, and effective working capital management helped strengthen overall financial performance and operational resilience.
A diversified and healthy order book provided revenue visibility and stability for future quarters. The company continued to secure projects across multiple sectors, reducing dependence on any single segment and strengthening its long-term growth outlook.
Ongoing investments in technology, product development, and capacity enhancement reflected the company’s commitment to future-ready solutions. These initiatives are aimed at meeting evolving customer needs for efficiency, reliability, and sustainability in electrical and industrial systems.
CG Power’s performance aligns with broader growth trends in India’s capital goods and electrical equipment sector. Rising electrification, infrastructure development, and manufacturing expansion continue to create favourable conditions for sustained industry growth.
With strong execution, steady demand, and a robust order pipeline, CG Power appears well-positioned to maintain growth momentum in the coming quarters. Continued focus on operational discipline and strategic investments is expected to support consistent financial performance going forward.
