Quality Power shares surged over 8% in trade after the company delivered a strong set of Q3 results, reflecting sharp year-on-year growth across revenue, profitability, and margins. As of 9:53 AM, the shares were trading 8.61% higher at Rs 830.30.
Quality Power Electrical Equipments reported a significant jump in consolidated revenue for the quarter, with topline rising 291.25% year-on-year to ₹283.99 crore compared with ₹72.59 crore in the same period last year. The sharp increase highlights improved execution and a stronger order inflow environment during the quarter.
Operating performance also strengthened materially. EBITDA for Q3 climbed 353.58% year-on-year to ₹78.97 crore, up from ₹17.41 crore in the corresponding quarter last year. This was supported by operating leverage and better cost efficiencies. As a result, the EBITDA margin expanded by 382 basis points to 27.8%, compared with 23.98% a year ago, indicating improved profitability at the operating level.
At the bottom line, net profit recorded robust growth of 181.43% year-on-year, rising to ₹38.92 crore from ₹13.83 crore in the year-ago period. The strong earnings growth underscores the company’s ability to convert higher revenues into improved profitability.