Power & Instrumentation (Gujarat) Limited reports 278% net profit growth in Q3 FY25

Power & Instrumentation (Gujarat) Limited has delivered an exceptional financial performance in the third quarter of fiscal year 2025, with net profit soaring by 278% year-over-year. The company, a major player in India‘s electrical contracting and infrastructure sector, reported total income of ₹34.14 crore for the quarter, reflecting a 120% increase compared to the same period last year. Strong revenue expansion, strategic investments, and an emphasis on operational efficiency have been key drivers of this extraordinary growth.

The company’s earnings before interest, tax, depreciation, and amortization (EBITDA) surged by 104% to ₹4.47 crore, while net profit increased from ₹0.83 crore in Q3 FY24 to ₹3.12 crore in Q3 FY25. With this significant financial momentum, Power & Instrumentation (Gujarat) Limited has already surpassed its total revenue for the entire fiscal year 2024 within the first nine months of FY25, signaling a rapid and sustainable growth trajectory.

What Factors Are Driving Power & Instrumentation (Gujarat) Limited’s Growth?

Several factors have contributed to the company’s outstanding performance, including its expansion into new business verticals and a focus on high-value infrastructure projects. A major highlight of its growth strategy has been its entry into the Solar EPC (Engineering, Procurement, and Construction) segment. This move aligns with the increasing emphasis on renewable energy adoption in India and presents the company with opportunities to diversify its offerings while tapping into a rapidly growing sector.

In addition to expanding its business scope, Power & Instrumentation (Gujarat) Limited has strengthened its manufacturing capabilities by increasing its stake in Peaton Electricals Company Limited (PECL) from 15% to 60%. This strategic acquisition allows the company to leverage PECL’s Siemens-certified expertise in manufacturing and assembling low-voltage switchboards, thereby expanding its product portfolio and enhancing its competitive position in the market.

How Has Power & Instrumentation (Gujarat) Limited Performed in Key Financial Metrics?

The company’s latest financial results reflect substantial improvements across all key performance indicators. For Q3 FY25, total revenue grew by 120% to ₹34.14 crore, while EBITDA increased by 104% to ₹4.47 crore. Net profit surged by an impressive 278% to ₹3.12 crore, marking a significant turnaround compared to the previous year. The net profit margin improved to 9.14%, up from 5.33% in Q3 FY24, demonstrating enhanced profitability. Earnings per share (EPS) also saw remarkable growth, rising 198% year-over-year to ₹1.94.

For the first nine months of FY25, Power & Instrumentation (Gujarat) Limited reported total income of ₹115.89 crore, reflecting an 86.57% increase compared to the same period in FY24. Net profit for the period reached ₹8.95 crore, up 177.91% from ₹3.22 crore in the previous year. With a net profit margin of 7.72%, the company continues to exhibit strong financial resilience and profitability.

What Are the Key Operational Achievements of Power & Instrumentation (Gujarat) Limited?

The company’s ability to secure and successfully execute large-scale projects has played a crucial role in driving its recent financial success. One of the most notable achievements during the quarter was the completion of a ₹10.80 crore power infrastructure project for the Nuclear Fuel Complex (NFC) in Kota, a facility under India’s Department of Atomic Energy. This project involved the design, engineering, installation, and commissioning of high-voltage Diesel Generator (DG) sets, Automated Main Failure (AMF) & Synchronizing Panels, and advanced switchboards to ensure an uninterrupted power supply to the nuclear facility.

Power & Instrumentation (Gujarat) Limited received high praise from the Nuclear Fuel Complex for its technical expertise, efficient execution, and reliability, further strengthening its reputation as a trusted partner in critical government infrastructure projects. The company’s recent investment in PECL, which has secured a prestigious Siemens license to manufacture SIEPAN 8PU low-voltage switchboards, will further enhance its manufacturing capabilities, diversify its product range, and solidify its market position.

What Lies Ahead for Power & Instrumentation (Gujarat) Limited?

With its strong financial performance and strategic expansion initiatives, Power & Instrumentation (Gujarat) Limited is well-positioned to capitalize on emerging opportunities in India’s evolving energy and infrastructure sectors. The company’s entry into the Solar EPC market aligns with government initiatives to boost solar power adoption across industries, paving the way for further revenue growth.

The acquisition of a majority stake in Peaton Electricals Company Limited is expected to drive further expansion by improving manufacturing capabilities and fostering collaborations with global technology leaders such as Siemens. Additionally, Power & Instrumentation (Gujarat) Limited’s proven track record in executing high-profile infrastructure projects reinforces its standing as a leader in India’s industrial and government-backed projects.

As the company continues to scale operations, diversify its business verticals, and invest in advanced technology, it remains confident in sustaining strong revenue and profitability growth in the coming quarters. The momentum gained from its recent achievements, coupled with a strategic focus on high-growth sectors, positions Power & Instrumentation (Gujarat) Limited as a formidable player in the electrical contracting and infrastructure industry.

Is Power & Instrumentation (Gujarat) Limited Poised for Long-Term Success?

The company’s remarkable Q3 FY25 performance underscores its strong market positioning, well-executed growth strategy, and ability to capitalize on high-growth opportunities. With a 278% increase in net profit, 120% revenue growth, and expansion into the Solar EPC sector, Power & Instrumentation (Gujarat) Limited has demonstrated its commitment to long-term value creation and innovation.

By focusing on strategic acquisitions, large-scale project execution, and market diversification, the company is poised for sustained success in the coming years. With India’s growing emphasis on renewable energy and infrastructure modernization, Power & Instrumentation (Gujarat) Limited’s strategic investments in the Solar EPC and electrical manufacturing sectors will play a key role in shaping its future growth trajectory.