CG Power and Industrial Solutions Limited — Updates, 24-07-2025: Press Release

CG Power reported its strongest Q1 FY26, achieving highest-ever standalone quarterly revenue of INR 2,643 Cr (+25% YoY) and PAT of INR 286 Cr (+23% YoY). Consolidated sales grew 29% to INR 2,878 Cr, with Axiro's performance included for the first time. The company's robust order backlog surged 82% YoY to INR 13,072 Cr, fueled by strong intake. Key new orders include a INR 641 Cr transformer package for PGCIL, a INR 148 Cr KAVACH system, and a INR 244 Cr EHV business order. CG Power also successfully raised INR 3,000 Cr via QIP.