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Quality Power Electrical Equipments LimitedBoard Meeting, 07-08-2025: Outcome of Board Meeting

07-08-2025 | 04:32 pm

QPOWER's Board has approved the financial results for the quarter, reporting consolidated revenue of ₹176.72 Cr and a profit of ₹37.06 Cr, demonstrating strong QoQ growth.

The company is expanding capacity with Sangli plant ahead of schedule and Mehru poised for incremental output next quarter, supported by a robust ₹775 Cr order backlog. Key strategic updates include the acquisition of Sukrut Electric for ~₹10.2 Cr (50:50 JV with Yash Highvoltage) to strengthen transformer component capabilities.

Net debt, excluding a temporary ₹70 Cr promoter loan, is ₹13 Cr, with ₹250 Cr cash. QPOWER also secured a significant 500kV HVDC project order.

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