Powerica Limited posts 226% profit jump, cuts ₹525 crore debt after IPO

Powerica Limited has reported a strong 226% YoY jump in net profit to ₹98 crore in Q3 FY26, marking its first earnings after listing. The company also reduced debt significantly by repaying ₹525 crore post-IPO. Revenue growth remained steady, and the sharp profit rise indicates improving operational efficiency and demand in the power solutions segment. Overall, the strong results and debt reduction signal a positive outlook for newly listed companies, with investors closely tracking earnings performance after IPOs Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.