StockWatch
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Heavy Electrical Equipment
Board Meeting31 Oct 2026, 07:21 pm

Quality Power Approves Unaudited Results, Order Book Exceeds ₹2,000 Cr

AI Summary

Quality Power Electrical Equipments Ltd's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company reviewed its business performance, noting growth despite raw material price volatility. The consolidated order book surpassed ₹2,000 crore, driven by demand for reactors, instrument transformers, PCS, and FACTS solutions. The Board also approved an additional capital expenditure of ₹25 crore for manufacturing oil-filled shunt reactors and noted the commencement of operations at new facilities in Sangli, India, and Nigde, Turkey. The proposed acquisition of Winwin Speciality Insulators Limited for up to ₹272.34 crore is progressing, with shareholder approval obtained.

Key Highlights

  • Unaudited financial results for Q2 FY27 approved.
  • Consolidated order book exceeds ₹2,000 crore.
  • ₹25 crore capex approved for new reactor manufacturing.
  • New manufacturing facilities operational in India and Turkey.
  • Acquisition of Winwin Speciality Insulators progressing.