RMC Switchgears sees triple-digit revenue growth in H1 FY26

RMC Switchgears Limited reported a 111.5% year-on-year (YoY) increase in revenue from operations, reaching ₹221.61 crore in H1 FY26, up from ₹104.78 crore in H1 FY25. Profit after tax (PAT) nearly doubled, growing by 97.93% YoY to ₹20.05 crore, while earnings per share (EPS) also saw a significant 94.74% improvement, reaching ₹19.26.

EBITDA rose sharply by 71.46% YoY to ₹34.00 crore in H1 FY26. Profit before tax (PBT) also saw a strong 79.93% YoY increase, reaching ₹26.90 crore. The company attributed this growth to higher execution scale, effective cost control, and improved manufacturing throughput.

The company sustained its growth momentum through strong execution and healthy order inflows, securing large project wins across solar EPC, electrical EPC, and products, totaling ₹61 crore, ₹59 crore, and ₹16 crore, respectively.