📊 Financial & Business Performance
In Q1 FY26, their revenue rose by about 24% year-on-year, and net profit increased ~16.5% compared to the same quarter last year.
For Q4 FY25, the company reported a modest net profit increase (~3-4%), with revenue growing ~5-6%. The full year numbers show sales & profits inching up slightly year-over-year.
Annual revenue ~₹1,900-odd crore, profits slightly above ~₹130 crore. Margins are steady but have some pressure from rising input costs (materials, employees).
⚙ Business Developments & Investments
They’ve approved expansion of transformer production capacity at their existing facility in Navi Mumbai. The plan is to increase transformer capacity from ~28,000 MVA to ~35,000 MVA, over the next ~12 months.
The Drives & Automation plant at Airoli has been modernised & expanded, with upgraded testing capacity and automation; aimed at producing newer generation drive-products.
Their SynchroVERT® series motors (premium efficiency class IE4 & IE5) have received patents. These motors are being positioned as highly efficient replacements for older induction motors.