Heavy Electrical Equipment company CG Power and Industrial Solutions announced Q1FY25 results:
Standalone:
- Aggregate sales for the quarter were higher at Rs 2,106 crore recording a growth of 19% YoY.
- PBT was higher at Rs 325 crore as against Rs 256 crore in Q1FY24 recording a growth of 27%.
- Margins were higher YoY at 15.4% of sales (14.5% of sales in last year) on account of higher realisations, favourable product mix and cost efficiencies in Power systems.
- Free cash flow generated for the quarter was Rs.63 crore.
- ROCE (annualised) for Q1FY25 was at 39%.
- Unexecuted Order Book as at 30 Jun 2024 was 44% higher YoY at Rs 7,054 crore (Rs. 4,909 crore as at 30 Jun 2023)
Consolidated:
- Aggregate sales for the quarter were higher at Rs 2,228 crore recording a growth of 19% YoY.
- PBT was at Rs 336 crore (15.1% of sales) in Q1FY25 as against Rs 263 crore (14.0% of sales) in Q1FY24.