CG Power posts record quarterly revenue and PBT in Q3 FY26

CG Power and Industrial Solutions Limited reported a strong financial performance in the third quarter of FY26, posting its highest standalone quarterly revenue and Profit Before Tax (PBT) to date. The results were supported by strong order inflows and sustained operational efficiency.

For the quarter ended December 31, 2025, CG Power recorded standalone sales of Rs 2,909 crore, a year-on-year increase of 22%. PBT before exceptional items rose 35% to Rs 454 crore, with the PBT margin improving by 150 basis points to 15.6%. The company said this represents its highest quarterly sales and PBT in recent periods.

EBITDA for the quarter increased 33% to Rs 480 crore. The EBITDA margin expanded to 16.5%, compared with 15.1% in the corresponding quarter last year. Profit After Tax (PAT) before exceptional items grew 42% year-on-year to Rs 347 crore.

The order book remained strong, with the backlog rising 66% year-on-year to Rs 14,859 crore as of the end of the quarter. On a sequential basis, sales increased 10% compared to Q2 FY26, while PBT before exceptional items rose 11%.

For the nine-month period ended FY26, CG Power reported sales of Rs 8,202 crore, up 21% year-on-year. PBT before exceptional items for the same period increased 30% to Rs 1,246 crore.

Reported PAT for Q3 FY26 stood at Rs 312 crore. This includes an exceptional item of Rs 36 crore linked to the incremental impact of a new labour code that came into effect on November 21, 2025.

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