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Budget News

  • CG Power and Industrial Solutions spurts after Q2 FY22 PAT climbs 72% to Rs 188 cr
  • October 21,2021  15:27

  • On a consolidated basis, core EBITDA climbed 164% to Rs 186 crore in Q2 September 2021 as compared to Rs 70 crore in Q2 September 2020. EBITDA margin stood at 13% during the quarter as compared to 11% during Q2 September 2020.

    Consolidated results include the performance of the operating Subsidiaries at USA (QEI Inc) and in Sweden, Germany and Netherlands (Drives and Automation Europe) whose operations were profitable and other non-operating and Holding subsidiaries.

    CG Power and Industrial Solutions is a global pioneering leader in the management and application of electrical energy. Its offerings include electrical products, systems and services for utilities, power generation and industries.

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"1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
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 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
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