Quality Power Electrical Equipments Limited, one of Indiaโs leading players in critical energy systems and power technology solutions, announced its financial results for the quarter ended December 31, 2025. According to Mr. Bharanidharan Pandyan, Joint Managing and Whole-time Director, global investment in power transmission and grid equipment remains steady, supported by the growing integration of renewable energy, the development of inter-regional transmission corridors, and an increasing need for grid stability.
Utilities and large industrial networks are placing greater emphasis on high-voltage and power quality technologies that enhance reliability and operational efficiency. In this environment, Quality Power continues to prioritise technology-driven products, export-focused growth and deeper involvement across the high-voltage value chain.
As part of its strategy to expand its portfolio and pursue inorganic growth, the company has completed the acquisition of a 50 percent equity stake in Sukrut Electric Company Private Limited, now a joint venture with Yash Highvoltage Limited. Sukrutโs manufacturing capabilities in electrical panels, instruments and related assemblies align closely with Quality Powerโs core business areas. The partnership is expected to broaden the product range, create cross-supply opportunities and provide better access to OEM and utility requirements. Following the acquisition, Quality Power has also appointed directors to Sukrutโs board to strengthen governance and ensure operational alignment with group objectives.
The companyโs manufacturing expansion and backward integration plans are progressing on schedule. The construction timeline for the Sangli plant has been advanced to June 2026 from the earlier target of September 2026. The capacity expansion at its Cochin facility has been completed and is fully operational, while the enhancement programme at the Mehru Bhiwadi plant is making strong progress and is expected to be completed by the fourth quarter of FY2026.
The magnet-wire backward integration line is also under execution and moving ahead in line with earlier guidance. These initiatives aim to reduce dependence on external suppliers, improve delivery schedules and strengthen control over product quality and testing. With a consolidated order book of approximately Rs. 8,950 million, the company has healthy revenue visibility across multiple product lines and geographies.
During the quarter, Quality Power reported strong growth in both revenue and profitability, driven by the execution of high-voltage equipment orders across HVDC systems, FACTS solutions, reactors and instrument transformers. The product mix during the period leaned towards engineered and application-specific equipment. Profit margins benefited from improved scale, higher capacity utilisation at major facilities and a greater share of export and project-linked supplies.
With ongoing investments in new transmission capacity and upgrades to existing networks, demand for advanced transmission and grid-support equipment continues to remain strong. Against this backdrop, the company remains focused on disciplined execution, steady expansion of its manufacturing capabilities and continued strengthening of its technological depth.
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