CG Power Q3FY25 Results: Net Profit Falls 68% to ₹237 Crore

CG Power and Industrial Solutions reported a 68% decline in its consolidated net profit for the third quarter of FY25 (October–December 2024), mainly due to the absence of earnings from discontinued operations.

Profit and Revenue

• Net Profit: ₹237.85 crore, down from ₹747.67 crore in Q3FY24.
• Impact of Discontinued Operations: Last year’s profit included ₹551.07 crore from discontinued operations.
• Profit from Continuing Operations: Increased by 21% YoY to ₹237.85 crore, compared to ₹196.60 crore last year.
• Total Income: Grew to ₹2,549.28 crore, up from ₹2,006.79 crore in Q3FY24.

Expansion Plans

• New Transformer Plant: CG Power’s board approved a 45,000 MVA transformer manufacturing unit in western India with an estimated investment of ₹712 crore.
• Funding: The project will be financed through internal accruals, equity, debt, or a combination of these.
• Expected Completion: FY28.

About CG Power & Industrial Solutions Ltd

CG Power & Industrial Solutions is a global company that delivers comprehensive solutions for utilities, industries, and consumers to efficiently manage and utilise sustainable electrical energy. The company operates through two key business segments, Power Systems and Industrial Systems, offering a range of products, services, and solutions.

CG Power and Industrial Solutions share price is trading at ₹613.35, up 6.68% today. The stock opened at ₹574.95, reached a high of ₹620.25, and a low of ₹574.95. It has a market cap of ₹93.97K crore, a P/E ratio of 64.93, and a dividend yield of 0.21%. The 52-week high stands at ₹874.70, while the 52-week low is ₹420.25.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.