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Ceigall India has been selected for setting up of 100 MW Standalone Battery Energy Storage Systems (BESS) in Punjab under Tariff-Based Global Competitive Bidding through E-Reverse Auction from Punjab State Power Corporation. The project is valued at Rs 250 crore.

Ceigall India has been selected for setting up of 50 MW Standalone Battery Energy Storage Systems (BESS) in Punjab under Tariff-Based Global Competitive Bidding through E-Reverse Auction from Punjab State Power Corporation. The project cost is Rs 125 crore.

Ceigall India announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

Net profit of Ceigall India rose 70.86% to Rs 126.61 crore in the quarter ended March 2026 as against Rs 74.10 crore during the previous quarter ended March 2025. Sales rose 37.06% to Rs 1386.51 crore in the quarter ended March 2026 as against Rs 1011.61 crore during the previous quarter ended March 2025.For the full year,net profit rose 6.08% to Rs 311.89 crore in the year ended March 2026 as against Rs 294.02 crore during the previous year ended March 2025. Sales rose 17.04% to Rs 4022.40 crore in the year ended March 2026 as against Rs 3436.73 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1386.511011.61 37 4022.403436.73 17 OPM %16.1212.64 -14.5515.08 - PBDT192.24114.08 69 479.32440.25 9 PBT175.9397.93 80 417.63384.59 9 NP126.6174.10 71 311.89294.02 6 Powered by Capital Market - Live News

Ceigall India has received the Letter of Acceptance (LOA) dated 4 May 2026 from Water Resources Department, Ropar, Punjab. The contract is valued at Rs 14.12 lakh.