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CG Power & Industrial Solutions announced the commissioning of its extra high voltage (EHV) switchgear manufacturing facility, S3 Unit-II, in Pimpalgaon Garudeshwar, Nashik, Maharashtra. This is in addition to the S3 Unit-I manufacturing facility at Ambad, Nashik which manufactures EHV circuit breakers in the 33kV to 800kV. The new facility will manufacture EHV Circuit Breakers in the 33 kV to 245 kV range and expands CG`s EHV circuit breaker manufacturing capacity by 80%. Equipped with advanced manufacturing and testing infrastructure, including 500 kV and 350 kV high-voltage testing laboratories, the Facility has been designed to meet the growing demand for reliable power transmission equipment across domestic and international markets. The Facility strengthens CG`s ability to serve critical sectors such as utilities, railways, renewable energy, oil and gas, and transmission infrastructure projects. It will also support the company`s growing export business.Built in line with CG`s commitment to responsible manufacturing, the Facility incorporates energy-efficient systems, rainwater harvesting and water recycling infrastructure, and zero liquid discharge operations. These initiatives are expected to improve resource efficiency while reducing energy consumption and environmental impact.

CG Power & Industrial Solutions announced that the 89th Annual General Meeting(AGM) of the company will be held on 24 July 2026.

Net profit of CG Power & Industrial Solutions rose 34.39% to Rs 365.49 crore in the quarter ended March 2026 as against Rs 271.97 crore during the previous quarter ended March 2025. Sales rose 25.03% to Rs 3441.76 crore in the quarter ended March 2026 as against Rs 2752.77 crore during the previous quarter ended March 2025.For the full year,net profit rose 23.77% to Rs 1206.27 crore in the year ended March 2026 as against Rs 974.59 crore during the previous year ended March 2025. Sales rose 25.32% to Rs 12417.95 crore in the year ended March 2026 as against Rs 9908.66 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales3441.762752.77 25 12417.959908.66 25 OPM %13.5512.60 -13.0913.17 - PBDT539.78415.49 30 1857.391459.81 27 PBT490.41383.64 28 1661.801347.97 23 NP365.49271.97 34 1206.27974.59 24 Powered by Capital Market - Live News

CG Power & Industrial Solutions will hold a meeting of the Board of Directors of the Company on 6 May 2026.

EdgeCortix, a leading fabless semiconductor company specializing in energy-efficient AI processing at the edge, today announced a new investment from Axiro Semiconductor, a wholly owned subsidiary of CG Power and Industrial Solutions, and MPower Partners, a Japan-based global venture capital fund, building on the strong momentum of its previously oversubscribed funding round. The investment strengthens EdgeCortix`s position as a global leader in AI inference, accelerating the development and commercialization of its next-generation, energy-efficient platforms for Generative and Agentic AI, including its next-generation SAKURA-X chiplet-based platform. Axiro joins EdgeCortix as an investor, bringing deep expertise in RF, mmWave, and advanced connectivity IC design for next-generation wireless systems. Headquartered in India, Axiro is focused on building high-performance semiconductor solutions across telecom, satellite communications, and defense, while expanding into adjacent domains including AI-driven infrastructure, industrial systems, robotics, and consumer electronics. �We are thrilled to support EdgeCortix as an investor and partner,� said Dr. Naveen Yanduru, Chief Executive Officer at Axiro. �This investment reflects our focus on advancing next generation semiconductor and connectivity technologies. At Axiro, we are building capabilities across telecom, satellite communications, and defense, while expanding into adjacent domains such as industrial systems, robotics, and consumer electronics, where AI is becoming increasingly relevant. We see alignment with EdgeCortix`s low-power, high-performance AI capabilities, including platforms such as SAKURA-II, and the potential to complement our work in advanced connectivity. This investment also aligns with our approach to strengthening our presence in telecom and wireless infrastructure while expanding into emerging application areas globally.� EdgeCortix is a fabless semiconductor company delivering energy-efficient AI processing for real time edge inference. Headquartered in Kanagawa, Japan, with operations in the United States and India, the company develops silicon and software platforms powered by its patented hardware�software co-design approach. EdgeCortix`s Dynamic Neural Accelerator� architecture and MERA software stack enable highly efficient, runtime-reconfigurable AI acceleration across applications including defense, aerospace, smart infrastructure, Industry 4.0, robotics, and telecommunications.