{"id":40102,"date":"2025-08-13T14:25:45","date_gmt":"2025-08-13T08:55:45","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/13\/power-instrumentation-gujarat-q1-fy26-revenues-grew-60-net-profit-surged-by-40\/"},"modified":"2025-08-13T14:25:45","modified_gmt":"2025-08-13T08:55:45","slug":"power-instrumentation-gujarat-q1-fy26-revenues-grew-60-net-profit-surged-by-40","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/13\/power-instrumentation-gujarat-q1-fy26-revenues-grew-60-net-profit-surged-by-40\/","title":{"rendered":"Power &amp; Instrumentation (Gujarat) Q1 FY26 Revenues Grew 60% &amp; Net Profit Surged by 40%"},"content":{"rendered":"<div>\n<p><strong>Ahmedabad (Gujarat) [India], August 13: <\/strong>Power &amp; Instrumentation (Gujarat) Limited, (NSE \u2013 PIGL, BSE \u2013 543912)One of the leading players in the electrical contracting and equipment industry, has announced its Unaudited Financial Results for Q1 FY26.<\/p>\n<p><strong>Key\u00a0Consolidated\u00a0Financial\u00a0Highlights:<\/strong><\/p>\n<p><strong>Q1 FY26<\/strong><\/p>\n<p>\u2022\u00a0Total Income of\u00a0\u20b9\u00a041.55 Cr, YoY growth of 59.83%<\/p>\n<p>\u2022\u00a0EBITDA of\u00a0\u20b9\u00a04.28 Cr, YoY growth of 17.36%<\/p>\n<p>\u2022\u00a0EBITDA Margin of 10.31%<\/p>\n<p>\u2022\u00a0Net Profit of\u00a0\u20b9\u00a02.62 Cr, YoY growth of 40.18%<\/p>\n<p>\u2022\u00a0Net Profit Margin of 6.30%<\/p>\n<p>\u2022 EPS of \u20b9 1.50<\/p>\n<p>Commenting on the financial performance, Mr. Padmaraj Padmnabhan Pillai, Managing Director, Power &amp; Instrumentation (Gujarat) Limited said, \u201cWe are pleased to report a strong start to FY26, with our net profit growing by an impressive 40.18% year-on-year, reflecting the continued strength of our execution capabilities and resilient business model. This milestone performance is particularly meaningful as we proudly celebrate 50 years of operations an enduring legacy built on trust, innovation, and excellence.<\/p>\n<p>During the quarter, we secured marquee orders from Nyati Engineers and Consultants Private Limited for the electrification of the Air Terminal at Udaipur Airport, Rajasthan. This prestigious project underscores our proven proficiency in executing complex airport electrification works and further strengthens our position in high-value infrastructure segments.<\/p>\n<p>Backed by five decades of expertise and a strong operational foundation, we remain committed to leveraging our capabilities to deliver sustainable, high-quality solutions while continuing to create long-term value for all stakeholders.\u201d<\/p>\n<p><strong>Key Operational Highlights:<br \/>\n<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>The company\u00a0Entered\u00a0Extra\u00a0High Voltage Segment<\/td>\n<td>\u2022\u00a0Secured a\u00a0\u20b980.24 lakh contract from Godrej &amp; Boyce\u00a0Mfg\u00a0Co Ltd. for work at the\u00a0Khavda\u00a0Project.<\/p>\n<p>\u2022\u00a0Scope includes 350 MVA power transformer erection, oil filtration, pre-erection test, and oil sample testing at 400kV GIS PSS-2 GIPCL.<\/p>\n<p>\u2022\u00a0Project to be completed within 1 month from commencement date.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>PIGL Wins Multiple Contracts for Udaipur\u00a0Air Terminal<\/p>\n<p>\u00a0<\/p>\n<\/td>\n<td>\u2022\u00a0Secured\u00a06\u00a0orders from\u00a0Nyati Engineers and Consultants Private Limited\u00a0for work at the Udaipur Airport project, with a total contract value\u00a0of\u00a0\u20b957.89\u00a0Cr.<\/p>\n<p>\u2022\u00a0Scope includes supply, installation, and testing of electrical systems and associated infrastructure.<\/p>\n<p>\u2022 All works are scheduled to be completed within 6 months from the commencement date.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ahmedabad (Gujarat) [India], August 13: Power &amp; Instrumentation (Gujarat) Limited, (NSE \u2013 PIGL, BSE \u2013 543912)One of the leading players in the electrical contracting and equipment industry, has announced its Unaudited Financial Results for Q1 FY26. Key\u00a0Consolidated\u00a0Financial\u00a0Highlights: Q1 FY26 \u2022\u00a0Total Income of\u00a0\u20b9\u00a041.55 Cr, YoY growth of 59.83% \u2022\u00a0EBITDA of\u00a0\u20b9\u00a04.28 Cr, YoY growth of 17.36% \u2022\u00a0EBITDA&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/13\/power-instrumentation-gujarat-q1-fy26-revenues-grew-60-net-profit-surged-by-40\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Power &amp; Instrumentation (Gujarat) Q1 FY26 Revenues Grew 60% &amp; Net Profit Surged by 40%&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":40103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-40102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/40102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=40102"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/40102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/40103"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=40102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=40102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=40102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}