Categories Earnings
Earnings | CG Power & Industrial Solutions Limited (NSE: CGPOWER):Q4FY23 Results Out; Total Income rises 22% YoY.
CG Power & Industrial Solutions is a global enterprise that provides comprehensive solutions for the management and application of efficient and sustainable electrical energy. The company offers a range of products, services, and solutions through its two main business segments, Power Systems and Industrial Systems. Its solutions cater to utilities, industries, and consumers and cover the entire value chain, from design and engineering to manufacturing and after-sales support. CG Power’s focus on innovation and technology has helped it become a market leader in many countries.
- CG Power & Industrial Solutions Limited reported Total Income for Q4 FY23 of ₹1,917 Crore up from ₹ 1,493 Crore year on year, a growth of 22%.
- Total Expenses for Q4 FY23 of ₹1,654 Crore up from ₹1,358 Crore year on year, a growth of 22%.
- Consolidated Net Profit of ₹426 Crore, up 284% from ₹111 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹2.79, up 248% from ₹0.80 in the same quarter of the previous year.
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