As of September 30, 2026, Quality Power Electrical Equipments disclosed a total order book value of around Rs 2,010 crore, the company’s press statement confirms.
The company’s consolidated revenue increased by 38.7% to Rs 285.45 crore during the second quarter of FY27, while profit after tax grew by 80.1% to Rs 63.33 crore.
For the initial six months of FY27, the consolidated revenue totaled Rs 518.11 crore, reflecting a 35.5% increase, while the profit after tax grew by 52.4% to Rs 110.05 crore.
The company’s order book remains diversified across geographies and technology segments, including Rs 800 crore from Endoks, Rs 610 crore from Mehru, Rs 602 crore from Quality Power, and Rs 5 crore from other units.
Notable wins in high-voltage direct current (HVDC), flexible AC transmission systems (FACTS), and high-voltage equipment have strengthened the pipeline, alongside initial orders for high-voltage interconnect equipment catering to hyperscale and AI data center campuses in the United States.
P.T. Pandyan, Chairman and Managing Director of Quality Power Electrical Equipments, commented on the results, saying the group has delivered a strong performance in the second quarter of FY27, supported by business activity across its key segments.
The Global Coil Factory at Sangli commenced manufacturing operations on October 20, 2026, focusing on high-voltage air-core dry-type reactors and specialized coil products for HVAC, HVDC, FACTS, and renewable energy applications.
A Power Conversion Systems manufacturing facility in Türkiye began operations on October 16, 2026, focusing on power electronic converters and inverters for utility-scale Battery Energy Storage Systems.
Pandyan added that during the quarter, the group’s businesses secured important orders, including an international order for FACTS equipment through Endoks Enerji in Japan and multiple orders for 400 kV instrument transformers through Mehru from Hitachi Energy India.