Power and Instrumentation (Gujarat) Ltd Q2 FY26 Results
PIGLQ2 FY26 ResultsAnnounced 14 Nov 2025, 07:51 pm| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 70.27 | 70.1% | 27.9% |
| Total Income | 70.91 | 70.6% | 27.2% |
| Expenditure | 64.57 | 69.7% | 27.8% |
| PBT | 6.34 | 81.3% | 21.9% |
| Net Profit | 4.71 | 80.1% | 21.1% |
| OPM | 9.40% | 0.37pp | 2.96pp |
| NPM | 6.65% | 0.35pp | 0.33pp |
| EPS | 2.66 | 77.3% | 1.1% |
Power & Instrumentation (Guj.) Ltd. Reports 38% Increase in Total Income & 27% Surge in Net Profit for H1 FY26
14 Nov 2025 · 14 Nov 2025, 09:29 pm
Summary
Power & Instrumentation (Guj.) Ltd., a leading player in the electrical contracting and equipment industry, has announced its Unaudited Financial Results for Q2 & H1 FY26. The company reported a 38% increase in total income and a 27% surge in net profit for H1 FY26.
Key Highlights
- 1
Total Income for H1 FY26 grew by 37.57% to ₹ 112.46 Cr compared to ₹ 81.75 Cr in H1 FY25
- 2
EBITDA for H1 FY26 increased by 18.86% to ₹ 11.52 Cr compared to ₹ 9.70 Cr in H1 FY25
- 3
Net Profit for H1 FY26 surged by 27.29% to ₹ 27.20 Cr compared to ₹ 21.11 Cr in H1 FY25
- 4
Secured a ₹ 102.78 Cr (including GST) turnkey contract for supply, erection, installation, testing, and commissioning of distribution infrastructure
- 5
Received a ₹ 39.50 Cr order from Sadashiv Projects India Private Limited for design, engineering, supply, and testing of a 5 MWp ground-mounted solar project
- 6
Awarded work for design, supply, installation, testing, and commissioning of ELV raceways and cable tray systems at Udaipur Air Terminal, Rajasthan
- 7
Secured a ₹ 21.39 Cr order from ATS Techno Limited for designing, supplying, installing, testing, commissioning, and handing over a factory shed
- 8
Acquired an additional 35.82 per cent stake in PECL, increasing the shareholding to 51.06 per cent and making it a subsidiary
Management Comments
Mr. Padmaraj Padmnabhan Pillai
We are pleased to report a good performance in Q2 & H1 FY26, reflecting the company’s focus on execution excellence, operational discipline, and sustained growth across key business segments. The quarter delivered healthy improvement in both revenue and profitability, supported by a strong order inflow and efficient project management.
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