RMC Switchgears Ltd — Important, 15-06-2026: Company Update
15-06-2026 | 04:48 pm
15-06-2026 | 04:48 pm
A recent earnings call revealed RMC Switchgears' FY26 performance, showing 401.59 Cr consolidated revenue, up 26.4%. Despite a Q3 loss of 7.07 Cr due to investments and project delays, the company rebounded with a Q4 net profit of 9.3 Cr. Management highlighted a shift towards profitable growth via better project selection and execution. RMC is evolving into an electrical infrastructure and technology company, introducing PulseBox, an IoT solution for grid safety and loss reduction. This represents a 75 lakh transformer addressable market opportunity exceeding 50,000 Cr. Unexecuted orders are 850 Cr+, with a 1,500 Cr+ tender pipeline. Cash flow management is a key focus.
No comments yet. Be the first to comment!
