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CG Power reported a robust Q2 FY24-25 with consolidated revenue reaching ₹2,413 Cr and Profit After Tax (PAT) at ₹220 Cr. Despite a slight dip in profit margins, the company posted significant growth in its order intake and maintained a healthy backlog of orders.
In Q2 FY24-25, CG Power recorded growth in sales and maintained strong operational performance across segments. Below is a detailed quarterly financial breakdown:
Particulars | Q2 FY25 | YoY Change | QoQ Change |
Sales | ₹2,413 Cr | 21% | 8% |
EBITDA | ₹324 Cr | -1% | -10% |
PAT | ₹220 Cr | 1% | -9% |
PBT | ₹294 Cr | -3% | -12% |
Order Backlog | ₹7,965 Cr | 48% | - |
CG Power's Q2 performance aligns with industry expectations, particularly in the power systems sector, which experienced higher demand. The company’s expansion plans in transformer capacity aim to cater to the growing market for energy solutions. However, most of the financial metrics are down YoY.
CG Power’s leadership emphasized their commitment to improving operational efficiency while expanding business segments like power systems. The company is also actively pursuing acquisitions, including the semiconductor foray, as part of its long-term growth strategy.
Check out CG Power's past performances in previous quarters and financial years.
CG Power’s Q2 FY24-25 results demonstrate its resilience amidst a challenging environment. With consistent growth in order intake and strategic acquisitions, the company is well-positioned for future expansion. As demand for power systems continues to rise, CG Power’s focus on operational excellence and capacity expansion will play a key role in driving profitability.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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