India Ltd. Reports Staggering 1075% Profit Surge on Power Consumption Boost, Major Project Wins
India Ltd. has reported a remarkable surge in profits and orders, with Valerie Pinto, Managing Director and CEO, attributing this success to increased power consumption and significant project wins. The company's financials show a staggering growth in both Profit before Tax (PBT) and Profit after Tax (PAT), along with a substantial increase in orders and revenue.
The company's financials for the quarter reflect a robust performance. PBT and PAT grew by an impressive 1075.3% and 1163.1% year-over-year (YoY), respectively. This growth was driven by a significant increase in orders, which jumped by approximately 365% YoY to INR 11,339.2 crore. Revenue also grew by 15.3% YoY to INR 1,529.8 crore.
A major contributor to this growth was a bulk order from POWERGRID for 30 units of 765-kilovolt (kV) 500 megavolt-ampere (MVA) single-phase transformers. Additionally, the company secured a large project win for the Bhadla-Fatehpur High Voltage Direct Current (HVDC) link. Service orders also grew by 91% YoY, including SCADA upgrades, equipment replacement, and annual maintenance contracts.
Exports played a significant role in the company's success, contributing 24.7% to orders in the first quarter of FY26, excluding HVDC orders. This strong performance was further bolstered by India's power consumption growth of nearly 7% in March 2025. The order backlog stood at a healthy INR 29,125.3 crore.
With a strong operational EBITDA margin of 11.1%, India Ltd. has demonstrated its resilience and growth potential. The company's ability to secure large orders and project wins, coupled with the growth in power consumption, positions it well for future success. As the company continues to expand its footprint both domestically and internationally, Valerie Pinto's leadership will be crucial in sustaining this momentum.
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