CG Power March Quarter Revenue Rises 26%

Murugappa Group’s CG Power and Industrial Solutions reported its March quarter earnings on Tuesday, May 6, with consolidated results factoring in contributions from its overseas subsidiaries in Sweden, Germany, and the Netherlands (Drives and Automation Europe), as well as Indian units like CG Adhesives Products, CG Semi, G.G. Tronics India, and Axiro Semiconductor.

Revenue for the fourth quarter of 2024-2025 rose 26% on year to ₹27.5 billion, compared to ₹21.9 billion a year ago. Sequentially, revenue grew 9% from ₹25.2 billion in the December quarter.

Profit before tax rose to ₹3.8 billion, higher than ₹3.1 billion in the same quarter last year. While the PBT margin eased slightly to 13.9% from 14.0%, the company saw a strong improvement in absolute profitability.

Quarterly EBITDA came in at ₹4.2 billion, up 26% from ₹3.3 billion a year earlier. The EBITDA margin remained steady at 15.2%, signalling consistent operational efficiency. Profit after tax increased to ₹2.7 billion from ₹2.3 billion. 

The company won orders worth ₹146.8 billion during the year, up 40% on year, reflecting strong market demand and execution. As of March 31, 2025, CG Power had an order book of ₹106.3 billion, up 66% on year, providing a solid foundation for future growth.