235.85 4.60 (1.99%)
NSE Aug 12, 2022 15:31 PM
Volume: 3.0M
 

Rapid Results Alerts
235.85
1.99%

Heavy Electrical Equipment firm CG Power and Industrial Solutions Announced Q1FY23 Result :

  • Aggregate sales for the quarter were higher at Rs. 1,559 crores recording a growth of 63% YoY and 11% QoQ. (Q1 of last year was impacted by Covid lockdown).
  • PBT was at Rs. 165 crores (10.6% of sales) in Q1FY23 as against Rs 73 crores (7.6% of sales) in Q1FY22 and Rs. 131 crores (9.3% of sales) in Q4FY22.
  • Margins were higher due to cost saving initiatives in procurement, increased productivity and reduction in finance costs on account of repayment of term loan.
  • ROCE (on annualised basis) for Q1 FY23 was at 39% as against 24% in Q1 FY22.
  • Free Cash Flow generated for the quarter was Rs. 70 crores.

 

Result PDF

More from CG Power and Industrial Solutions Ltd.
All Rapid Results
Recommended