Quality Power Electrical Equipments Announces Q3FY26 Results with Strong Performance
Quality Power Electrical Equipments delivered outstanding Q3FY26 performance with standalone revenue rising 60.90% to ₹577.06 million and net profit growing 96.88% to ₹145.94 million. Consolidated results showed even stronger growth with revenue reaching ₹2,839.91 million and net profit of ₹627.65 million. The board approved strategic initiatives including advancing Sangli plant timeline to June 2026, additional ₹25 crore CAPEX for Global Engineering Centre, and key management appointments including Mr. Sanjog Mhatre as CEO.

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Quality Power Electrical Equipments has announced its unaudited financial results for the quarter ended December 31, 2025, along with significant board meeting outcomes. The electrical equipment manufacturer reported robust operational performance across both standalone and consolidated financials, demonstrating continued growth momentum.
Standalone Financial Performance
The company's standalone results for Q3FY26 showed strong year-on-year improvements across key metrics:
| Financial Metric: | Q3FY26 | Q3FY25 | Growth |
|---|---|---|---|
| Revenue from Operations: | ₹577.06 million | ₹358.65 million | 60.90% |
| Net Profit: | ₹145.94 million | ₹74.13 million | 96.88% |
| Profit Before Tax: | ₹193.74 million | ₹97.22 million | 99.30% |
| Basic EPS: | ₹1.88 | ₹1.02 | 84.31% |
Consolidated Financial Results
The consolidated performance was even more impressive, reflecting the company's expanded operations through acquisitions:
| Consolidated Metric: | Q3FY26 | Q3FY25 | Performance |
|---|---|---|---|
| Revenue from Operations: | ₹2,839.91 million | ₹725.85 million | Significant increase |
| Net Profit: | ₹627.65 million | ₹195.71 million | Strong growth |
| Profit Before Tax: | ₹743.41 million | ₹218.26 million | Substantial improvement |
| Basic EPS: | ₹5.03 | ₹1.92 | Notable enhancement |
Capacity Expansion and Capital Expenditure Updates
The board approved several strategic developments for business expansion. The Sangli plant construction timeline has been advanced from September 2026 to June 2026, subject to regulatory approvals. Additionally, the board approved an additional CAPEX outlay of ₹25 crore for establishing a Global Engineering & Technology Centre at the Sangli plant premises.
The Mehru expansion is progressing with equipment being commissioned monthly and expected completion by March 2026. The board also authorized the BD&A Committee to review investment plans for establishing an instrument transformer manufacturing facility in Turkey.
Key Management Appointments
Significant organizational changes were announced during the board meeting:
| Position: | Appointee | Effective Date |
|---|---|---|
| Chief Executive Officer: | Mr. Sanjog Mhatre | February 4, 2026 |
| Independent Director (Reappointment): | Mr. Rajendra Iyer | February 15, 2026 |
| Senior Management Personnel: | 10 officials across subsidiaries | Immediate |
Subsidiary Performance Highlights
Mehru Electrical & Mechanical Engineers Private Limited, a subsidiary, demonstrated notable margin expansion improving to 16.40% during the quarter, driven by improved product mix and better throughput. The company continues making significant investments in manpower, technology, and capability enhancement in anticipation of upcoming capacity expansions.
Business Outlook and Strategic Initiatives
The company's robust operational performance reflects underlying business fundamentals strength. Both Quality Power and Mehru are investing substantially in organizational foundation strengthening for sustainable growth and timely execution of expanding global order book. The board also reviewed strategic opportunities presented by the BD&A Division and deliberated on ongoing acquisition discussions.
Historical Stock Returns for Quality Power Electrical Equipments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.79% | +28.46% | -8.01% | +0.64% | +97.07% | +97.07% |


































