Murugappa Group company CG Power and Industrial Solutions delivered a robust performance in the December quarter of FY26, reporting a 28% year-on-year rise in standalone profit, driven by strong order inflows, disciplined execution and growing export momentum. The company’s record-breaking US data centre order further strengthens visibility and reinforces its positioning in the global power equipment market.
CG Power reported a standalone profit after tax (PAT) of ₹312 crore for Q3FY26, compared with ₹244 crore in the same quarter last year. Total sales rose 22% year-on-year to ₹2,909 crore, reflecting sustained demand across its key businesses.
Analysts noted that the company’s performance underscores operating discipline and strategic focus, with margin stability supported by efficient execution and a favourable product mix.
The company’s order intake for the quarter stood at ₹4,096 crore, marking a 13% year-on-year growth. As of December 31, 2025, CG Power’s unexecuted order backlog rose sharply to ₹14,859 crore, up 66% year-on-year, providing strong revenue visibility over the coming quarters. The healthy order book highlights CG’s growing relevance in infrastructure, industrial electrification and export markets.
A key highlight of the quarter was CG Power securing its largest-ever single order, a ₹900 crore ($99.2 million) export contract from Tallgrass Integrated Logistics Solutions LLC, USA, for a large-scale hyperscale data centre project.
Under the contract CG will supply high-performance power transformers designed to meet stringent reliability, efficiency and uptime standards specifically engineered for hyperscale data centre applications.
Further reinforcing investor confidence, CG Power’s Board of Directors approved an interim dividend of ₹1.30 per equity share, representing 65% of the face value of ₹2 per share, for FY2025–26.
With a record order backlog, rising export contribution and consistent execution, CG Power appears well positioned to sustain growth momentum in the coming quarters. Analysts believe the company’s focus on high-value projects, operational efficiency and global opportunities could support steady earnings visibility amid India’s infrastructure and data centre expansion.