CG Power Surges with 18% Profit Rise in June Quarter

CG Power and Industrial Solutions reported an 18% increase in consolidated net profit, amounting to Rs 241.24 crore for the June quarter of FY25, attributed to higher revenues. This is up from Rs 203.84 crore during the same period last year, with total income rising to Rs 2,260.67 crore.

CG Power and Industrial Solutions on Wednesday reported a noteworthy 18% increase in consolidated net profit, reaching Rs 241.24 crore for the June quarter of FY25, largely driven by increased revenues.

The company's net profit stood at Rs 203.84 crore in the corresponding period last year, as per a BSE filing.

Total income also saw a significant rise, climbing to Rs 2,260.67 crore from Rs 1,896.15 crore year-on-year.