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HPL Electric & Power reported strong financial results for the quarter with revenue up 21% YoY to ₹475 Cr and EBITDA up 29% to ₹72 Cr, reflecting better margins. Both Smart Metering, with an order book exceeding ₹3,000 Cr, and Consumer & Industrial (C&I) segments are driving growth. C&I revenue saw Switchgear up 33% and Wires & Cables up 60% in Q3, backed by expanding distribution. The company is exploring smart water meters and anticipates 20-25% topline growth for FY27. Management is confident about future growth, leveraging R&D, market penetration, and export opportunities, targeting ₹1000 Cr in C&I next year.