CG Power & Industrial Solutions Share Price Falls Over 2% After Q2 FY27 Earnings Results: Total Income Up 29.9% YoY

On October 23, 2026, CG Power and Industrial Solutions Limited reported its unaudited consolidated financial results for the quarter and half-year ended September 30, 2026, as per the exchange filings. 

CG Power and Industrial Solutions Limited reported a 29.9% year-on-year increase in total income for the September 2026 quarter, reaching ₹3,883.25 crore. The company's net profit also saw a 43.8% rise compared to the previous year. 

CG Power & Industrial Solutions Q2 FY27 Earnings Results 

In the September 2026 quarter, CG Power's total income increased to ₹3,883.25 crore, up from ₹2,988.89 crore in the same period last year. This marks a 15.4% rise from the June 2026 quarter's ₹3,364.39 crore.  

Net profit for the quarter rose to ₹409.09 crore, a 43.8% increase from ₹284.44 crore a year ago, and a 32.7% increase from ₹308.28 crore in the June 2026 quarter. 

Half-Year Financial Performance 

For the half year ending September 30, 2026, CG Power's total income was ₹7,247.64 crore, a 23.0% increase from ₹5,892.43 crore in the corresponding period of the previous year.  

Net profit for the half year was ₹717.37 crore, up 30.1% from ₹551.31 crore in the previous year. 

Board Decisions and Capacity Expansion 

On October 23, 2026, the board approved the unaudited financial results and a capacity expansion programme. Investments include ₹68.00 crore for Power Transformer expansion, ₹300.00 crore for the S1 Unit, ₹15.31 crore for S3 Unit-II, and an increase to ₹44.62 crore for the GIS Division. 

Executive Appointments and Fund Utilisation 

New appointments include Mr. Rajat Shah as Vice President – Services and Mr. Rushikesh Kulkarni as Chief Growth & Innovation Officer. Of the ₹3,000.00 crore raised through QIP, ₹660.39 crore has been utilised, with the remainder in safe investments. 

Read More: KEI Industries Share Price Declines Over 8%; Reports Q2 FY27 Results! 

Subsidiary Acquisition 

CG Power's subsidiary, Axiro Semiconductor, acquired Tosil Systems for ₹16.44 crore on August 20, 2026. Tosil specialises in embedded software and VLSI designs for automotive and semiconductor industries. 

CG Power and Industrial Solutions Share Price Performance 

As of October 23, 2026, at 2:52 PM, CG Power and Industrial Solutions share price on NSE was trading at ₹793.90, down by 2.84% from the previous closing price. 

Conclusion 

CG Power and Industrial Solutions Limited reported a 29.9% YoY increase in total income to ₹3,883.25 crore for the September 2026 quarter, with net profit rising 43.8% YoY to ₹409.09 crore. The board approved capacity expansions and new executive appointments. 

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