Growth attributed to strong demand for smart meters and efficient project execution.
Revenue also showed significant improvement compared to the previous fiscal period.
Genus Power Infrastructure net profit grows to ₹128.5 cr in Q1
Strong project execution and increased demand drive over twofold profit growth for Genus Power in Q1 FY26.
Genus Power Infrastructure
Summary
Advertisement
Genus Power Infrastructure has reported a standalone net profit of ₹128.5 crore for the June quarter, up from ₹40.7 crore in Q1 FY25, supported by higher revenues and improved operational performance.
Its revenue in the first quarter surged to ₹942.4 crore from ₹414.2 crore in Q1 FY25, the smart meter solutions provider said.
"Profit After Tax (from continuing operations) was up by more than 3 times, as compared to ₹40.7 crore in Q1FY25, reflecting strong operational performance and efficiency gains despite higher finance costs," the company said in a statement.
Show comments