Quality Power Electrical Equipments Limited has delivered robust financial performance in Q3, with consolidated net profit rising significantly to ₹389 million compared to ₹138 million in the same period last year. The electrical equipment manufacturer, specializing in critical energy transition equipment and power technologies, demonstrated strong operational performance across key financial metrics.

Q3 Financial Performance

The company's Q3 results showcased substantial growth across major financial parameters:

Strategic Developments and Acquisitions

As part of its inorganic growth strategy, Quality Power completed the acquisition of 50% equity stake in Sukrut Electric Company Private Limited, creating a joint venture with Yash Highvoltage Limited. Sukrut operates in electrical equipment manufacturing including panels, instruments and related assemblies, aligning with the group's core business areas. This partnership is expected to support product range expansion and provide closer access to OEM and utility requirements.

Manufacturing Expansion Progress

Several key manufacturing initiatives are progressing ahead of schedule:

Market Position and Outlook

Mr. Bharanidharan Pandyan, Joint Managing & Whole-time Director, highlighted the company's strategic positioning: "The global power transmission and grid equipment market continues to see steady investment driven by renewable integration, inter-regional transmission links and the need for grid stability. Quality Power continues to focus on technology-led offerings, export-oriented growth and deeper value chain participation across high-voltage systems."

The consolidated order book currently stands at approximately ₹8,950 million, providing strong revenue visibility across multiple product categories and geographies. The company remains focused on disciplined execution while expanding manufacturing capacity and strengthening technology depth to capitalize on growing demand for advanced transmission and grid support equipment.

Quality Power Electrical Equipments Limited has announced the nomination of Mr. Ashish Bhardwaj as nominee director on the board of Sukrut Electric Company Private Limited. The nomination was communicated to stock exchanges on January 27, 2026, in compliance with regulatory requirements.

Nomination Details

The company has provided the following information regarding the director nomination:

Regulatory Framework

The nomination is being made pursuant to provisions of Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework ensures transparency in corporate governance and keeps stakeholders informed about significant board changes.

Supporting Agreements

The director nomination is backed by two key agreements that establish the legal framework for this corporate action:

• Share Purchase Agreement: Executed on October 6, 2025
• Shareholder Agreement: Dated January 2, 2026

These agreements provide the contractual basis for Quality Power Electrical Equipments' right to nominate a director to Sukrut Electric Company's board.

Compliance and Disclosure

The company has fulfilled its disclosure obligations by informing both major stock exchanges about this development. The information has also been made available on the company's official website at www.qualitypower.com , ensuring comprehensive stakeholder communication. Company Secretary and Compliance Officer Deepak Ramchandra Suryavanshi signed the regulatory filing from the company's Sangli office.