RMC Switchgears Ltd — Important, 24-11-2025: Company Update

RMC Switchgears has announced the financial results for the half-year, with revenue from operations growing 111.50% to ₹221.61 crore and Profit After Tax increasing 97.93% to ₹20 crore. The company has deferred its 1 GW solar module plant, prioritizing disciplined capital allocation and market stability. RMC holds a healthy ₹825 crore order book and is L1 for a ₹70 crore transmission project, opening new opportunities. Its innovative PulseBox, designed for grid safety and theft prevention, completed its Proof of Concept, with commercial orders anticipated in 6-8 months, solidifying its role as a solutions provider.