CG Power and Industrial Solutions Q2 results, quarter to Sep 2026

NSE: CGPOWERBSE: 500093Electrical EquipmentLarge Cap

CG Power and Industrial Solutions Limited · Formerly Crompton Greaves · Face value ₹2 · Listed Apr 1967 on BSE, Mar 1995 on NSE

₹835.40₹2.15 (0.26%)BSE ₹835.00

Share price at the NSE close on 27 Oct 2026. Previous close ₹833.25.

27 Oct: open ₹846.00, high ₹848.70, low ₹828.70

52-week range of traded prices to 27 Oct 2026

₹525.50Low, 27 Jan 2026₹980.90High, 2 Jul 2026

Market cap: ₹1,31,615 Cr88th largest listed
P/E: 95.69
P/B: 15.06
Dividend yield: 0.16%
ROE: 17.0%
ROCE: 17.7%
Debt to equity: 0.00
Volume, NSE: 24,48,67731.8% delivered

CG Power and Industrial Solutions filed its Q2 results for the quarter to Sep 2026 on 23 Oct 2026 at 7:10 pm, consolidated: the company and its subsidiaries together.

Q2 results, quarter to Sep 2026

₹ crore.CG Power and Industrial Solutions annual results and balance sheet

Revenue: ₹3,802 Cr+30.1% on a year ago · +15.9% on the quarter before
Operating profit: ₹540 Cr+43.2% on a year ago · +35.8% on the quarter before
Net profit: ₹409 Cr+43.8% on a year ago · +32.7% on the quarter before
Earnings per share: ₹2.62+44.0% on a year ago · +31.7% on the quarter before
Operating margin: 14.2%
Net margin: 10.8%

From revenue to net profit, ₹ crore

Revenue3,802
Materials and goods−2,586
Employee costs−261
Other expenses−414
Operating profit540
Depreciation−58
Other income+82
Finance costs−4.3
Profit before tax559
Tax−150
Net profit409

CG Power and Industrial Solutions results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹3,802 Cr, quarter to Sep 2026; lowest ₹1,979 Cr, quarter to Dec 2023

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Dec 2021Q3Filed 27 Jan	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3Filed 23 Jan	Mar 2024Filed 6 May	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025	Jun 2025Q1Filed 24 Jul	Sep 2025Q2	Dec 2025Q3	Mar 2026Q4	Jun 2026Q1	Sep 2026Q2
Revenue from operations	1,551	1,507	1,665	1,696	1,775	1,903	1,874	2,002	1,979	2,192	2,228	2,413	2,516	2,753	2,878	2,923	3,175	3,442	3,281	3,802
	1,343	1,336	1,473	1,437	1,500	1,627	1,609	1,693	1,718	1,908	1,900	2,118	2,185	2,406	2,497	2,546	2,778	2,975	2,884	3,262
Materials and goods bought	1,076	1,083	1,188	1,157	1,214	1,328	1,309	1,369	1,368	1,507	1,532	1,699	1,762	1,933	2,008	2,014	2,207	2,337	2,271	2,586
Employee costs	99	99	112	103	108	109	119	120	131	138	141	147	154	171	215	236	238	263	253	261
Other expenses	168	154	173	176	178	190	181	204	220	263	227	273	268	302	274	296	333	376	359	414
Operating profit before depreciation	208	171	192	260	276	275	265	309	261	284	327	295	331	347	381	377	397	466	397	540
Operating margin	13.4%	11.3%	11.5%	15.3%	15.5%	14.5%	14.2%	15.4%	13.2%	13.0%	14.7%	12.2%	13.2%	12.6%	13.2%	12.9%	12.5%	13.6%	12.1%	14.2%
Depreciation and amortisation	25	23	24	25	25	25	24	23	24	24	24	28	28	32	44	52	51	49	54	58
Other income	8	8	9	11	35	14	22	17	28	48	33	29	34	71	28	66	76	77	84	82
Finance costs	17	17	5	5	4	2	1	0	1	1	1	2	1	3	2	3	4	4	4	4
Profit before one-off items and tax	174	139	172	241	282	262	263	303	264	307	336	294	335	384	364	388	420	490	423	559
One-off items	416	0	1	1	31	19	1	27	0	−6	0	0	0	0	0	0	−36	0	0	0
Profit before tax	590	139	173	242	313	281	263	330	264	301	336	294	335	384	364	388	384	490	423	559
	44	27	43	62	83	21	66	86	68	67	94	74	97	109	97	104	100	129	115	150
Current tax	28	−17	2	4	3	7	3	6	7	−8	51	50	62	22	98	110	119	144	124	156
Deferred tax	16	44	41	58	80	14	63	80	61	75	44	24	35	87	−1	−7	−19	−15	−10	−6
Tax rate	7.5%	19.5%	24.9%	25.8%	26.5%	7.6%	25.1%	26.1%	25.7%	22.3%	28.1%	25.2%	29.0%	28.5%	26.6%	26.7%	26.1%	26.3%	27.1%	26.8%
Profit from discontinued businesses	0	–	0	0	−2	166	7	−1	551	–	–	–	–	–	–	–	–	2	–	–
	545	112	130	179	228	426	204	242	748	234	241	220	238	274	267	284	284	363	308	409
Belonging to the company's shareholders	545	112	130	179	228	426	204	242	748	234	241	220	238	277	265	284	285	365	313	412
Belonging to outside owners of subsidiaries	–	0	0	0	–	0	–	–	0	–	0	–	0	−2	2	0	−1	−2	−5	−3
Other comprehensive income	−3	2	1	−7	8	−12	0	−4	7	−10	−5	12	−21	9	27	18	8	19	−9	5
Total comprehensive income	542	114	131	172	236	414	203	238	755	223	237	231	217	283	293	303	292	383	300	414
Net margin	35.1%	7.4%	7.8%	10.6%	12.8%	–	10.9%	12.1%	–	10.7%	10.8%	9.1%	9.5%	10.0%	9.3%	9.7%	8.9%	10.6%	9.4%	10.8%
Earnings per share	₹4.03	₹0.80	₹0.88	₹1.17	₹1.49	₹2.79	₹1.33	₹1.58	₹4.90	₹1.53	₹1.58	₹1.45	₹1.57	₹1.78	₹1.76	₹1.82	₹1.81	₹2.32	₹1.99	₹2.62
Diluted earnings per share	₹3.59	₹0.75	₹0.88	₹1.17	₹1.49	₹2.79	₹1.33	₹1.58	₹4.90	₹1.53	₹1.58	₹1.44	₹1.57	₹1.78	₹1.76	₹1.82	₹1.81	₹2.32	₹1.99	₹2.61

Earnings per share in rupees, restated for later splits and bonuses. Net margin is left blank for Mar 2023 and Dec 2023: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2023, the company reports a discontinued business.

Segment results by quarter

Consolidated, ₹ crore, quarters to Sep 2026.CG Power and Industrial Solutions segment results by year

Industrial Systems
Revenue, ₹ crore
1,327
1,364
1,472
1,561
1,591
1,751
1,692
1,533
1,731
1,791
1,790
1,869
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
179
177
193
175
182
192
172
137
156
160
136
161
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Power Systems
Revenue, ₹ crore
646
821
750
846
920
993
1,070
1,254
1,326
1,487
1,398
1,767
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
99
152
149
149
162
208
225
260
283
354
324
443
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Semiconductors
Revenue, ₹ crore
0
108
128
111
156
94
162
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
−15
−9
−22
−40
−37
−50
−34
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Others
Revenue, ₹ crore
6
7
5
6
5
10
8
7
9
9
10
7
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
1
−3
1
−5
1
3
1
2
2
2
3
0
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Discontinued Operations
Revenue, ₹ crore
0
0
0
0
0
0
0
0
0
0
0
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
0
0
0
0
0
0
0
0
0
0
0
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26

₹ crore	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue of all businesses	1,979	2,192	2,228	2,413	2,517	2,754	2,879	2,923	3,177	3,443	3,292	3,804
Company revenue, as in its results	1,979	2,192	2,228	2,413	2,516	2,753	2,878	2,923	3,175	3,442	3,281	3,802
Revenue	1,327	1,364	1,472	1,561	1,591	1,751	1,692	1,533	1,731	1,791	1,790	1,869
Revenue growth	–	4.5%	8.4%	13.2%	19.9%	28.4%	14.9%	−1.8%	8.8%	2.3%	5.8%	21.9%
Profit	179	177	193	175	182	192	172	137	156	160	136	161
Profit growth	–	−11.0%	−8.6%	−21.1%	1.8%	8.3%	−10.9%	−22.0%	−14.2%	−16.5%	−20.8%	17.6%
Margin	13.5%	13.0%	13.1%	11.2%	11.4%	11.0%	10.2%	8.9%	9.0%	9.0%	7.6%	8.6%
Assets	1,790	1,856	2,096	2,754	2,827	2,988	2,959	3,126	3,271	3,608	3,583	3,731
Liabilities	1,001	990	1,087	1,256	1,347	1,381	1,394	1,403	1,425	1,652	1,658	1,763
Capital employed	789	866	1,009	1,498	1,480	1,606	1,566	1,722	1,847	1,957	1,926	1,968
Revenue	646	821	750	846	920	993	1,070	1,254	1,326	1,487	1,398	1,767
Revenue growth	–	38.5%	46.6%	36.5%	42.4%	21.0%	42.6%	48.3%	44.1%	49.7%	30.7%	40.8%
Profit	99	152	149	149	162	208	225	260	283	354	324	443
Profit growth	–	104.4%	141.9%	52.8%	63.4%	37.2%	50.9%	74.4%	75.1%	70.2%	43.8%	70.5%
Margin	15.3%	18.5%	19.9%	17.6%	17.6%	21.0%	21.1%	20.7%	21.4%	23.8%	23.2%	25.1%
Assets	1,351	1,521	1,669	1,746	1,872	2,009	2,180	2,426	2,736	3,051	3,677	4,648
Liabilities	918	1,088	1,101	1,158	1,230	1,329	1,479	1,612	1,843	1,961	2,509	2,827
Capital employed	433	434	568	587	642	680	701	815	894	1,090	1,168	1,822
Revenue	–	–	–	–	–	0	108	128	111	156	94	162
Revenue growth	–	–	–	–	–	–	–	–	–	–	−13.3%	26.3%
Profit	–	–	–	–	–	−15	−9	−22	−40	−37	−50	−34
Margin	–	–	–	–	–	–	−8.0%	−17.0%	−36.1%	−24.0%	−53.2%	−21.1%
Assets	–	–	–	–	–	774	1,253	1,472	1,435	1,421	1,466	1,593
Liabilities	–	–	–	–	–	64	251	281	274	182	177	263
Capital employed	–	–	–	–	–	709	1,002	1,191	1,161	1,240	1,289	1,330
Revenue	6	7	5	6	5	10	8	7	9	9	10	7
Profit	1	−3	1	−5	1	3	1	2	2	2	3	0
Margin	20.9%	−37.2%	9.6%	−77.0%	13.7%	29.6%	7.8%	21.1%	19.8%	23.5%	29.4%	4.7%
Assets	24	56	120	119	121	31	33	32	34	34	38	37
Liabilities	6	6	6	12	14	8	8	7	7	8	9	8
Capital employed	18	50	114	107	107	23	26	26	27	26	28	29
	0	0	0	–	0	0	0	0	0	0	0	0
Profit	0	0	0	–	0	0	0	0	0	0	0	0
Assets	73	73	73	–	73	73	73	73	74	2	2	2
Liabilities	64	64	64	–	64	64	64	64	64	2	2	2
Capital employed	9	9	9	–	9	9	9	9	9	0	0	0
	–	–	–	0	–	–	–	–	–	–	–	–
Profit	–	–	–	0	–	–	–	–	–	–	–	–
Assets	–	–	–	73	–	–	–	–	–	–	–	–
Liabilities	–	–	–	64	–	–	–	–	–	–	–	–
Capital employed	–	–	–	9	–	–	–	–	–	–	–	–
	–	0	–	–	–	–	–	–	–	–	0	–
Profit	–	0	–	–	–	–	–	–	–	–	0	–
Assets	–	2,119	–	–	–	–	–	–	–	–	4,735	–
Liabilities	–	459	–	–	–	–	–	–	–	–	635	–
	–	0	–	–	–	–	–	–	–	–	–	–
Profit	–	−6	–	–	–	–	–	–	–	–	–	–
Assets	–	0	–	–	–	–	–	–	–	–	–	–
Liabilities	–	0	–	–	–	–	–	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Q2 results, quarter to Sep 2026

From revenue to net profit, ₹ crore

CG Power and Industrial Solutions results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Industrial Systems

Power Systems

Semiconductors

Others

Discontinued Operations