Indian energy transition companies report strong Q2 FY27 growth

Quality Power Electrical Equipments and Advait Energy Transitions have both reported significant increases in revenue and profit for the second quarter of fiscal year 2027.

Quality Power Electrical Equipments reported a consolidated revenue increase of 38.7% to Rs 285.45 crore, with profit after tax growing 80.1% to Rs 63.33 crore. The company maintains a consolidated order book of approximately Rs 2,010 crore. Recent expansions include the commencement of manufacturing operations at the Global Coil Factory in Sangli and a Power Conversion Systems facility in Türkiye.

Advait Energy Transitions reported a 40.8% surge in quarterly revenue to Rs 220.9 crore, while profit after tax rose 88.5% to Rs 19.18 crore. The company’s order book grew 47% year-on-year to Rs 1,574.83 crore. Growth is being driven by power transmission solutions, grid modernization, and renewable energy integration, including battery energy storage systems and electrolysers.