CG Power and Industrial Solutions500093Power and industrial
CG Power reported strong quarterly results beating revenue, margin and order inflow expectations
By ScoutQuest · · 1 min read
- Revenue growth
- 30 percent
- Margin this quarter
- 14.2 percent
- Margin year ago
- 12.9 percent
- Industrial segment growth
- 22 percent
- Order intake this quarter
- 8,485 crore rupees
Heard on business television between 15:05:47 - 15:08:47 IST.
- Revenue grew 30% with margins improving to approximately 14.2% versus 12.9%, beating street expectations.
- Power, industrial and semiconductor segments all saw strong growth, with industrial segment growth picking up to around 22%.
- Order intake came in at around 8,485 crore rupees versus a normal range of 4,200-4,500 crore rupees in recent quarters, seen as a very positive sign.
- Order book stood at approximately 23,600 crore rupees.
- Analyst flagged operating cash flow as the only item to watch, while calling overall numbers very strong.
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