Quality Power Electrical Equipments delivered exceptional financial results for Q2 FY27, with consolidated profit after tax jumping 80.1% year-on-year to ₹63.33 crore, compared to ₹35 crore in the same quarter last year. According to reports from CNBC TV18, revenue rose 34.1% year-on-year to ₹294 crore, driven by continued demand across the group's high-voltage equipment and power quality portfolios. The company's EBITDA increased 70.3% year-on-year to ₹84 crore, while the EBITDA margin expanded to 28.6% from 22.5% in the corresponding quarter last year.
For the first half of FY27, Quality Power maintained its strong growth momentum with total revenue standing at ₹550 crore, registering growth of 33.2% year-on-year. As reported by CNBC TV18, PAT increased 52.4% to ₹110.05 crore for the half-year period. The company's consolidated order book stands at approximately ₹2,010 crore, diversified across geographies and technology segments, including projects awarded by global utilities, transmission system operators, and engineering contractors.
The company has successfully commenced operations at its Global Coil Factory in Sangli and power conversion system manufacturing facility in Niğde, Türkiye. According to reports from CNBC TV18, the Sangli facility will manufacture high-voltage air-core dry-type reactors and specialised coil products, while the Türkiye facility will produce power electronic converters and inverters for utility-scale battery energy storage systems. These new facilities are strategically positioned to support grid modernisation and data centre integration projects globally.
Quality Power has executed a share purchase agreement on September 23, 2026, for the proposed acquisition of up to 100% stake in Winwin Speciality Insulators Limited. As reported by CNBC TV18, confirmatory due diligence was completed without any adverse findings, with the transaction remaining subject to applicable conditions and approvals. During the quarter, the group secured orders across high-voltage equipment and power quality portfolios, including an international FACTS equipment order through subsidiary Endoks Enerji in Japan and multiple orders for 400 kV instrument transformers from Hitachi Energy India.
According to reports from CNBC TV18, Quality Power's outlook remains encouraging, supported by investments in grid modernisation, high-voltage transmission, renewable energy integration and energy storage. The company cited rising electricity demand from data centres, industrial expansion and electrification as factors supporting demand for grid connectivity and power quality solutions. Management emphasised that timely execution and capacity ramp-up remain key priorities, while monitoring the availability and pricing of raw materials, particularly electrical-grade steel, copper and specialised insulation systems.
