CG Power Q2FY27 revenue up 30%, PAT rises 44%

CG Power and Industrial Solutions Limited (CGPOWER) has reported its Q2FY27 results. Revenue from operations stood at ₹3,801.54 crore, up 30.07% YoY and 15.87% QoQ. Revenue was ₹3,801.54 crore versus ₹2,922.79 crore. EBITDA rose to ₹539.58 crore from ₹376.71 crore (+43.23% YoY, +35.82% QoQ). EBITDA margin improved to 14.19% from 12.89% YoY and 12.11% QoQ. Profit before tax (PBT) was ₹559.22 crore versus ₹388.07 crore (+44.10% YoY, +32.24% QoQ). Profit after tax (PAT) stood at ₹409.09 crore versus ₹284.44 crore (+43.82% YoY, +32.70% QoQ). PAT after minority interest was ₹412.04 crore versus ₹286.72 crore (+43.71% YoY, +31.64% QoQ). Other income was ₹81.71 crore versus ₹66.10 crore YoY and ₹83.58 crore QoQ. The key triggers are the 30% YoY revenue growth and 44% rise in PAT, supported by margin expansion across the business. This reflects strong demand in power systems and industrial segments, aiding earnings momentum. Peers such as ABB India, Siemens, and Hitachi Energy India may face comparison on order book growth and margin trends. Near-term prices could react positively to the robust top-line and bottom-line performance. Risks include any moderation in order inflows or execution delays in large projects. Competitors listed: ABB India, Siemens, Hitachi Energy India.