PIGL’s Consolidated Q3 FY25 Net Profit Grew By 278 Percent

Mumbai (Maharashtra) [India], February 17: Power & Instrumentation (Gujarat) Limited, (NSE – PIGL, BSE – 543912) One of the leading players in the electrical contracting and equipment industry, has announced its Unaudited 9M & Q3 FY25 Financial results.

Key Consolidated Financial Highlights:

Q3 FY25

Total Income of ₹ 34.14 Cr, YoY growth of 120.32%
EBITDA of ₹ 4.47 Cr, YoY growth of 104.18%
Net Profit of ₹ 3.12 Cr, YoY growth of 277.72%
Net Profit Margin of 9.14%, YoY growth of 381 Bps
Diluted EPS of ₹ 1.94, YoY growth of 198.46%

9M FY25

Total Income of ₹ 115.89 Cr, YoY growth of 86.57%
EBITDA of ₹ 14.16 Cr, YoY growth of 86.31%
Net Profit of ₹ 8.95 Cr, YoY growth of 177.91%
Net Profit Margin of 7.72%, YoY growth of 254 Bps
Diluted EPS of ₹ 5.57, YoY growth of 118.43%

Commenting on the financial performance, Mr. Padmaraj Padmnabhan Pillai, Managing Director, Power & Instrumentation (Gujarat) Limited said, “We are pleased to report a remarkable performance in Q3 FY25, with a 120% increase in revenue and a 278% surge in net profit. This strong growth trajectory reaffirms our commitment to scaling new heights. Notably, we have already surpassed our FY24 revenue within the first nine months of FY25.

Additionally, we are excited to enter the Solar EPC segment, leveraging the growing demand for renewable energy. This presents significant opportunities for us to expand our expertise and strengthen our presence in the sector.

Furthermore, our plan to increase our stake in PECL to 60% will enable us to leverage its Siemens-certified expertise, enhance our manufacturing capabilities, diversify our product offerings, and expand our market reach. As we continue to scale our operations, we remain confident in sustaining strong growth in FY25 and beyond.”

Key Operational Highlights

PIGL plans to increase its stake in PECL to 60%, leveraging its Siemens-certified expertise to boost manufacturing, diversify products, and expand market reach

Peaton Electricals Company Limited (PECL) has secured a prestigious Siemens license to manufacture, assemble, and sell SIEPAN 8PU low-voltage switchboards
PIGL is going to increase its stake in PECL from 15% to 60%
This acquisition strengthens PIGL’s manufacturing capabilities, expands its product portfolio, and opens new market opportunities, further solidifying its reputation in the industry.

PIGL successfully delivered a power infrastructure project for the Nuclear Fuel Complex, Kota

Power & Instrumentation (Gujarat) Limited (PIGL) successfully completed a ₹10.80 Cr project for the Nuclear Fuel Complex (NFC), Kota, under India’s Department of Atomic Energy.
The project involved the design, engineering, installation, and commissioning of high-voltage Diesel Generator (DG) sets, AMF & Synchronizing Panels, and Switchboards to ensure uninterrupted power supply to the nuclear facility.
NFC commended PIGL for its technical expertise, quality of work, and reliability, reinforcing PIGL’s reputation as a trusted partner in critical government infrastructure projects.

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