Quality Power Electrical Equipments Limited has officially announced that its material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has secured a significant order for the supply of Flexible Alternating Current Transmission System (FACTS) equipment and systems to an international entity. This contract is categorized as a single large order, with an approximate value of INR 40.9 Crores, exclusive of applicable taxes. The execution of this order is scheduled to be completed by approximately December 2027.
The receipt of this contract marks another milestone for Quality Power, which has been aggressively expanding its footprint in the high-voltage power equipment sector throughout 2025 and 2026. By leveraging specialized technology for FACTS projects, the company aims to strengthen its global competitiveness. The company, which is based in Sangli, Maharashtra, is actively transforming into a technology-driven infrastructure provider, focusing on HVDC and FACTS technologies to support global energy transition projects. In recent developments during 2025, the company pursued strategic growth through the acquisition of stakes in entities like Mehru Electrical and Veeral Controls to broaden its manufacturing capabilities.
Quality Power Electrical Equipments Limited specializes in the manufacturing and distribution of a wide range of electrical equipment, including transformers and switchgear for domestic and international markets. The company has been maintaining a strong order book and has recently appointed new internal and cost auditors to streamline its financial governance. Its strategic focus remains on reducing dependency on constrained supply chains by developing advanced manufacturing facilities.
Regarding the latest financial performance reported for the quarter ended June 2026 (Q1 FY 2025-26), the company achieved a total income of INR 194.08 Crores. This represents a robust growth of 325.1% on a quarter-on-quarter (QoQ) basis compared to INR 45.65 Crores in Q4 FY25, and a 143.6% increase year-on-year (YoY) from INR 79.66 Crores in Q1 FY25. The net profit for the same period stood at INR 37.06 Crores, reflecting a 111.5% growth QoQ and a 1.1% increase YoY. The company continues to attract interest from various institutional investors, including the Pandyan Family Trust, which holds a significant stake, along with various mutual funds and foreign institutional investors.
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