RMC Switchgears Reports 112% YoY Revenue & >97% PAT Growth in H1 FY26; Strengthens Position in Solar, T&D, and Smart Infrastructure

RMC Switchgears Limited, a fast-growing player in integrated electrical and renewable energy solutions, announced its consolidated financial results for the first half of FY2025— 26, posting a strong 112% year-on-year revenue growth, driven by accelerated execution across major business verticals. Financial highlights include a 35.05% increase in gross profit, 71.46% growth in EBITDA, 79.93% rise in PBT, and 97.93% increase in PAT. The company recorded Revenue from Operations of 2221.61 crore in H1 FY26, marking a robust 111.5% year-on-year growth. Gross Profit increased to 54.83 crore, up 35.05% YoY. EBITDA rose sharply to 34.00 crore in H1 FY26, an increase of 71.46% YoY. PBT came in at 26.90 crore, up from 14.95 crore in H1 FY25, and PAT stood at 20.05 crore, nearly doubling from 10.13 crore in H1 FY25. The company remains optimistic about the solar manufacturing opportunity and is focusing on achieving over 90% capacity utilisation, reducing project turnaround times, and enhancing vendor partnerships.