Quality Power Electrical Equipments Posts 80.1% PAT Growth to Rs 63.33 Crore in Q2 FY27
New Delhi, November 2, 2026: Quality Power Electrical Equipments has announced its performance for the second quarter and first half of FY27, reporting a consolidated order book of approximately Rs 2,010 crore as of September 30, 2026, according to a company press release.
During Q2 FY27, the group’s consolidated revenue increased by 38.7% to Rs 285.45 crore, while profit after tax grew by 80.1% to Rs 63.33 crore. For the first half of FY27, consolidated revenue reached Rs 518.11 crore, marking a growth of 35.5%, while profit after tax increased by 52.4% to Rs 110.05 crore.
The company’s order book remains diversified across geographies and technology segments, including Rs 800 crore from Endoks, Rs 610 crore from Mehru, Rs 602 crore from Quality Power, and Rs 5 crore from other units. The pipeline has been strengthened by notable wins in high-voltage direct current (HVDC), flexible AC transmission systems (FACTS), and high-voltage equipment, alongside initial orders for high-voltage interconnect equipment catering to hyperscale and AI data center campuses in the United States.
To expand its operational footprint, the Global Coil Factory at Sangli commenced manufacturing operations on October 20, 2026, focusing on high-voltage air-core dry-type reactors and specialized coil products for HVAC, HVDC, FACTS, and renewable energy applications. Additionally, a Power Conversion Systems manufacturing facility in Türkiye began operations on October 16, 2026, focusing on power electronic converters and inverters for utility-scale Battery Energy Storage Systems.
Commenting on the results, P.T. Pandyan, Chairman and Managing Director of Quality Power Electrical Equipments, said, “The Group has delivered a strong performance in the second quarter of FY27, supported by business activity across its key segments. Consolidated revenue increased by 38.7% to Rs. 285.45 crore, while profit after tax grew by 80.1% to Rs. 63.33 crore. For the first half of FY27, revenue was Rs. 518.11 crore, registering growth of 35.5%, while profit after tax increased by 52.4% to Rs. 110.05 crore. This performance reflects the strength of our business portfolio, the continued trust of our customers and the efforts of our teams across the Group.”
He added that during the quarter, the group’s businesses secured important orders, including an international order for FACTS equipment through Endoks Enerji in Japan and multiple orders for 400 kV instrument transformers through Mehru from Hitachi Energy India.
