PIGL Power & Instrumentation (Gujarat) Q3 FY26 results (Oct–Dec 2025) and concall
Power & Instrumentation (Guj.) Ltd. reported strong financial growth in Q3 FY26, with significant increases in total income, EBITDA, and net profit. The company maintains a robust order book of INR 450 crores, primarily government-backed, and is expanding into busduct manufacturing with CPRI approval for its Phibar system. Management is optimistic about long-term growth driven by infrastructure investments, targeting 30-35% annual revenue growth and improved margins, while acknowledging potential challenges like manpower availability and the need to reduce working capital days.
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What they filed
Q3 FY26: revenue up 33.7%, net profit up 13.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 55 | 33 | 55 | 41 | 68 +24% | 45 +34% |
| EBITDA | 5 | 4 | 5 | 4 | 6 +20% | 5 +37% |
| Net profit | 4 | 3 | 3 | 3 | 5 +16% | 3 +14% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
