Power & Instrumentation (Gujarat) Limited has delivered an exceptional financial performance for the fiscal year ended March 31, 2025, reflecting the company’s growing strength in the electrical contracting and equipment sector. The standalone financial results reveal a remarkable 73% increase in total income, soaring from ₹98.89 crore in FY24 to ₹171.28 crore in FY25. Alongside this robust revenue growth, the company’s net profit nearly doubled, climbing by 99.54% to ₹11.75 crore, underlining the effective execution of its growth strategies and strong business fundamentals.

The company’s Q4 FY25 results further reinforce this positive trend, with total income increasing by 47.25% year-on-year to ₹55.39 crore and net profit rising by 16.33% to ₹3.11 crore. This sustained growth trajectory highlights Power & Instrumentation Gujarat’s ability to leverage market opportunities while maintaining operational efficiency.

A key driver of this success has been the company’s strategic diversification and technical advancements. In FY25, Power & Instrumentation Gujarat made a significant entry into the Solar EPC sector by securing a ₹17.07 crore contract from A2 Green Energy Pvt. Ltd. for a 5 MW (AC) solar power project in Latur, Maharashtra. This move aligns the company with India’s growing focus on renewable energy and clean power solutions, showcasing its commitment to innovation and sustainable growth. The project scope includes complete engineering, procurement, and construction, covering supply, installation, testing, and commissioning, and is expected to be completed within 18 months.

Additionally, the company ventured into the Extra High Voltage (EHV) segment with a landmark 400 kV project, marking a substantial technical leap from its previous 66 kV level experience. This expansion broadens the company’s capability in India’s evolving power transmission infrastructure, positioning Power & Instrumentation Gujarat as a key participant in the nation’s high-voltage transmission projects.

Another notable achievement during the year was the award of two prestigious orders worth ₹46.18 crore from Nyati Engineering & Construction Private Limited. These projects involve the complete design, supply, installation, testing, commissioning, and handover of electrical power supply systems at the Udaipur Air Terminal in Rajasthan. This milestone enhances the company’s footprint in the airport electrical infrastructure sector, an area that demands precision and reliability for mission-critical power systems.

Founded in 1975, Power & Instrumentation Gujarat has established itself as a trusted name in the electrical contracting industry, specializing in end-to-end EPC solutions for transmission and distribution projects. The company’s expertise extends across designing, supplying, installing, and maintaining energy-efficient power systems, serving a diverse client base in industrial, commercial, and government sectors. Its track record includes over 35 airport electrification projects, electrification of more than 100,000 Below Poverty Line households, and the laying of over 20,000 kilometers of high-tension (HT) and low-tension (LT) lines.

The company’s migration to the main boards of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in May 2023 has further increased its visibility and market presence. With FY25 marking a year of both strong financial results and strategic expansion, Power & Instrumentation Gujarat is well-positioned to capitalize on emerging opportunities in India’s power transmission and renewable energy sectors.

Looking ahead, the company’s ability to integrate its established manufacturing strengths with new project execution capabilities in sectors such as Solar EPC and Extra High Voltage transmission underscores a holistic approach to growth. These strategic advances, combined with the strong financial foundation demonstrated in the latest results, create a robust platform for sustained long-term value creation for shareholders and stakeholders alike.

In summary, Power & Instrumentation Gujarat Limited’s FY25 results illustrate a powerful story of growth, diversification, and technical innovation. The company’s bold steps into solar power and EHV projects, along with key wins in airport infrastructure, reflect its ambition to lead in the evolving Indian electrical contracting landscape. Investors and industry observers can expect this momentum to continue as Power & Instrumentation Gujarat leverages its strengths to meet the rising demand for advanced power infrastructure and clean energy solutions.

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