31-Oct-2026 19:24:08
QPOWERAcquisition and merger
QPOWER QIP: BOARD APPROVES RS 700 CR FUND RAISE FROM QIB
• QIP approved to raise up to ₹700 Cr; ₹25 Cr capex approved for oil-filled shunt reactors at Global Coil Factory, Sangli; WSIL acquisition up to ₹272.34 Cr subject to conditions precedent and approvals. • Q2 consolidated net profit up 74.4% YoY at ₹42.44 Cr; revenue up 32.4% at ₹272.53 Cr; Ebitda up 70.3% at ₹84.04 Cr with 30.8% margin. • Consolidated order book surpassed ₹2,000 Cr on demand for reactors, instrument transformers, PCS and FACTS solutions. • Impact: QIP, capex and WSIL acquisition could support capacity and growth, but acquisition remains approval-dependent.
Quality Power Electrical Equipments Limited
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