Genus Power Reports Full Utilization of Rs 519 Crore Preferential Issue Proceeds, Q2 Profit Surges 162%

2 min read     Updated on 06 Nov 2025, 09:56 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Genus Power Infrastructures Limited has fully utilized its Rs 519 crore preferential issue proceeds, investing Rs 350 crore in AMISP projects, Rs 150 crore in smart meter manufacturing expansion and working capital, and Rs 19 crore for general corporate purposes. The company's Q2 net profit jumped 162% year-on-year to Rs 14,815.36 lakhs. Genus Power's total executable order book stands at Rs 28,758 crores, with Rs 26,473 crores to be executed through its joint venture with Gemstar Infra Pte. Ltd.

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*this image is generated using AI for illustrative purposes only.

Genus Power Infrastructures Limited , a leading player in the power infrastructure sector, has reported complete utilization of its Rs 519 crore preferential issue proceeds and a significant increase in quarterly profits. The company's strategic investments and financial performance highlight its strong position in the smart metering market.

Preferential Issue Proceeds Fully Deployed

Genus Power has announced the full utilization of Rs 519 crore raised through a preferential issue of share warrants during August-September 2023. The funds were allocated across three key areas:

Objective Amount (Rs Crore)
Investment in related parties for AMISP projects 350.00
Smart meter manufacturing expansion and working capital 150.00
General corporate purposes 19.00

India Ratings Research Private Limited, acting as the monitoring agency, confirmed no deviation from the stated objectives in their quarterly report.

Significant Investment in AMISP Projects

During the quarter, Genus Power invested Rs 142.52 crore in related party loans for Advanced Metering Infrastructure Service Provider (AMISP) projects. These investments were distributed among various subsidiaries, including:

  • Genus Assam Package-4 SPV Limited
  • Maharashtra Akola Amaravati Smart Metering Private Limited

This strategic deployment of funds underscores the company's commitment to expanding its smart metering infrastructure across different regions.

Q2 Financial Performance Highlights

Genus Power's financial results for the quarter reveal a robust performance:

  • Revenue from operations: Rs 1,14,900.13 lakhs
  • Profit before tax: Rs 20,244.16 lakhs
  • Net profit: Rs 14,815.36 lakhs

Notably, the company's net profit for the quarter showed a remarkable year-on-year growth of 162%, rising from Rs 5,645.21 lakhs in Q2 of the previous year to Rs 14,815.36 lakhs this quarter.

Half-Year Performance

For the half-year, Genus Power reported:

  • Revenue from operations: Rs 2,09,142.40 lakhs
  • Profit before tax: Rs 37,600.22 lakhs
  • Net profit: Rs 27,664.18 lakhs

The half-yearly results demonstrate a consistent upward trajectory in the company's financial performance.

Order Book Position

Genus Power's total executable order book stands at Rs 28,758 crores (excluding taxes). This includes Rs 26,473 crores in orders to be executed through its joint venture with Gemstar Infra Pte. Ltd., highlighting the company's strong market position and future growth potential in the smart metering sector.

Outlook

With the full utilization of its preferential issue proceeds and a robust order book, Genus Power Infrastructures Limited appears well-positioned to capitalize on the growing demand for smart metering solutions in India. The company's strategic investments in AMISP projects and manufacturing expansion may drive its growth in the coming quarters.

Investors and stakeholders will be keen to observe how these investments translate into sustained financial performance and market share expansion in the evolving power infrastructure landscape.

Historical Stock Returns for Genus Power Infrastructures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%+7.56%+14.78%+24.76%-17.13%+1,250.29%
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Genus Power Reports 15% Rise in Quarterly Net Profit to ₹148 Crore

1 min read     Updated on 06 Nov 2025, 05:55 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Genus Power Infrastructures Limited reported a 15% increase in net profit for Q2 FY2026, reaching ₹148.15 crore, despite a 3.2% revenue decline to ₹1,349.00 crore. The company's half-year net profit grew by 175% year-on-year to ₹276.64 crore. Genus Power's order book stands at ₹28,758.00 crore, excluding taxes. The company issued equity shares to employees under stock option schemes. In December 2024, the Directorate of Enforcement conducted a search under the Prevention of Money Laundering Act, with no further communication since then.

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*this image is generated using AI for illustrative purposes only.

Genus Power Infrastructures Limited , a leading player in the power infrastructure sector, has reported a robust financial performance for the quarter ended September 30, 2025. The company's net profit saw a significant increase of 15% compared to the previous quarter, reaching ₹148.15 crore.

Financial Highlights

Metric Q2 FY2026 Q1 FY2026 QoQ Change
Net Profit ₹148.15 crore ₹128.49 crore +15.00%
Revenue ₹1,349.00 crore ₹1,394.00 crore -3.20%

Despite a slight dip in revenue from ₹1,394.00 crore in the previous quarter to ₹1,349.00 crore, the company managed to improve its profitability, showcasing effective cost management and operational efficiency.

Half-Year Performance

For the first half of the fiscal year 2025-26, Genus Power reported substantial year-on-year growth:

  • Net profit reached ₹276.64 crore, compared to ₹100.63 crore in the corresponding period last year, marking a 175% increase.

Strong Order Book

As of September 30, 2025, Genus Power's total order book stands at ₹28,758.00 crore, excluding taxes. This robust order book provides a strong foundation for future growth and revenue visibility.

Corporate Actions

During the quarter, the company took steps to align its equity structure with employee incentives:

  • Issued equity shares to employees under stock option schemes, demonstrating a commitment to employee ownership and retention.

Regulatory Developments

In December 2024, the Directorate of Enforcement conducted a search under the Prevention of Money Laundering Act at the company's corporate office and the Chairman's residence. Genus Power has stated that it extended full cooperation during the search and has not received any further communication from the authorities since then. The company maintains confidence in its compliance with all relevant regulations.

Looking Ahead

With a strong order book and improved profitability, Genus Power Infrastructures appears well-positioned in the power infrastructure sector. The company's ability to increase profits despite a slight decrease in revenue suggests effective cost management and operational improvements.

Investors and stakeholders will likely keep a close eye on how Genus Power leverages its substantial order book to drive future growth and maintain its profitability trajectory in the coming quarters.

Historical Stock Returns for Genus Power Infrastructures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%+7.56%+14.78%+24.76%-17.13%+1,250.29%
Genus Power Infrastructures
View in Depthredirect
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