Schneider Electric Infrastructure Limited (SEIL) recorded its highest-ever quarterly order intake of Rs 915 crore in the first quarter ended June 30, 2026, supported by strong demand from established businesses and emerging segments such as data centres and semiconductors. Revenue for Q1 FY27 stood at Rs 651 crore, up 4.8% year-on-year (YoY) and 10.4% from…
Quality Power Electrical Equipments Limited plans to begin manufacturing power conversion systems (PCS) for battery energy storage systems (BESS) in India by the end of the next fiscal year, as it prepares to expand its presence in the energy storage market. Speaking during the company’s Q1 FY27 earnings call, Joint Managing Director Bharaniidharan Pandyan said…
Voltamp Transformers Limited reported revenue from operations of Rs 543.78 crore for the quarter ended June 30, 2026, up 28% from Rs 423.58 crore in the corresponding quarter of the previous fiscal year. Operating profit stood at Rs 76.91 crore during the quarter, representing an 11% increase over Q1 FY2026. However, the Earnings Before Interest,…
The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption from public procurement restrictions to four Indian subsidiaries of Chinese electrical equipment manufacturers, allowing them to participate in Central government procurement without registration under the Public Procurement Order. The exemption, effective June 24, 2026, has been granted following a request…
Quality Power Electrical Equipments Limited has executed a term sheet to acquire 100% of the equity share capital of Winwin Speciality Insulators Limited (WSIL), a Visakhapatnam-based manufacturer of high-voltage ceramic and polymeric insulators. The proposed transaction carries an enterprise value of around Rs 315 crore and is expected to be completed within three months, subject…
Hitachi Energy India Limited announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a strong year on year rise in profit. The company said higher execution levels, sustained demand across key segments, and a record order backlog supported the performance. For the quarter, net profit rose 90.3% to Rs 261.42…
Atlanta Electricals Limited said it has received new orders worth Rs 288 crore from Karnataka Power Transmission Corporation Limited (KPCL) and a private power producer, boosting its order book, according to a regulatory filing. Atlanta Electricals said the contracts involve the supply of power transformers and related systems, with execution scheduled over the next twelve…
Transformers and Rectifiers (India) Limited (TARIL) has informed the stock exchanges about changes in senior management and its unaudited financial performance for the third quarter of FY26. Based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, Mr Satyen J. Mamtora, Managing Director of the company, has been appointed as…
Diamond Power Infrastructure Limited has received a letter of intent from Adani Green Energy Limited to supply 33 kV, 2,126 km high voltage cables and 3.3 kV, 3,539 km solar medium voltage cables. The order is valued at Rs 7.47 billion and will support AGEL’s renewable energy project in Khavda in Gujarat and in Rajasthan….
Atlanta Electricals Limited has received transformer supply orders worth Rs 1.16 billion, including its first major international contract. The new orders include Rs 0.56 billion for six 220/33–33 kV dual secondary transformers (160–192 MVA) for solar pooling substations in Bikaner and Bijapur, and Rs 0.40 billion for six 80 MVA 220/33 kV transformers for a…