RMC Switchgears Reports 165% Revenue Surge, Secures ₹61 Crore Solar Project Aug 14, 2025
RMC Green Energy Secures ₹61.08 Crore Contract for 41 MW MSEDCL Project Aug 13, 2025
RMC Switchgears Reports ₹12.44 Crore PBT in Q1, Revenue Soars 165% Aug 12, 2025
RMC Switchgears to Showcase 'Pulse Box' Smart Automation System in Maharashtra Aug 06, 2025
More news about RMC Switchgears
31Jul 25
RMC Switchgears Achieves Milestone with Smart Automation System Proof of Concept
RMC Switchgears Limited has completed a proof of concept for its innovative 'Pulse Box' smart automation system for low-tension power distribution. The technology aims to replace traditional distribution boxes on 11 kV lines, offering enhanced grid safety, reduced technical losses, improved last-mile visibility, support for smart metering, theft prevention, and predictive maintenance capabilities. With over 24 million Distribution Transformers nationwide, RMC plans to initially target 10% of urban DTs. The innovation addresses critical safety concerns in India's power sector and positions RMC to tap into a substantial market opportunity.
RMC Switchgears Limited announced a 165% year-on-year increase in consolidated revenues for Q1 FY 2025-26, reaching ₹86.14 crore compared to ₹34.04 crore in Q1 FY 2024-25. The company reports a healthy order book exceeding ₹86.14 crore across solar EPC, electrical infrastructure, and smart metering solutions. CEO Ankit Agrawal attributes the growth to execution excellence and opportunities in India's infrastructure expansion and renewable energy sector. RMC Switchgears anticipates accelerated revenue recognition in H2, expecting it to nearly double H1 performance.
20May 25
RMC Switchgears Posts Impressive Q4 Results with Surge in Revenue and Profit
RMC Switchgears, an electrical equipment company, posted impressive Q4 results. Revenue soared to ₹2.13 billion, up 150% year-over-year. Net profit tripled to ₹213.30 million, while EBITDA grew to ₹334.00 million. Despite overall growth, EBITDA margin slightly decreased to 15.65% from 16.15% last year.
16Apr 25
RMC Switchgears CFO Anand Chaturvedi Steps Down
RMC Switchgears Limited announced the resignation of CFO Anand Chaturvedi, effective April 16, 2025. Chaturvedi cited personal reasons for his departure. The company accepted his resignation and will relieve him of his duties as CFO and Key Managerial Person. RMC Switchgears will initiate the process of filing necessary forms with the Registrar of Companies and inform the BSE about this change. No successor has been announced yet.
27Mar 25
RMC Switchgears Expands into Solar Energy with New Subsidiary
RMC Switchgears has incorporated a new subsidiary, RMC Solar One Private Limited, marking its entry into the solar energy sector. This strategic move aims to diversify the company's business operations beyond its core electrical equipment focus. The expansion aligns with India's push for renewable energy adoption and could open new growth opportunities for RMC Switchgears in the burgeoning solar market.
RMC Switchgears Ltd, a prominent player in the Indian switchgear industry, has secured a significant order worth 320 crore rupees (approximately $39 million USD). This substantial contract is expected to boost the company's revenue, enhance its market position, and potentially lead to increased production capacity. The order reflects growing demand in the switchgear sector, possibly driven by infrastructure development or industrial growth. While the long-term impact remains to be seen, this development marks a major milestone for RMC Switchgears and could significantly influence its future financial performance.