Quality Power Electrical Equipments Limited has officially announced that its material subsidiary, Mehru Electrical and Mechanical Engineers Private Limited, has secured a prestigious Letter of Award (LOA) for the supply of Instrument Transformers. The order, valued at approximately INR 18.00 Crores (excluding taxes), is expected to be executed within a time period of roughly 8 months. This domestic contract further strengthens the company’s position in the high-voltage electrical equipment market and highlights the operational synergy between Quality Power and its subsidiaries.

The receipt of this Letter of Award is a significant milestone for Quality Power’s subsidiary, Mehru Electrical and Mechanical Engineers, based in Bhiwadi. Instrument Transformers are critical components in electrical grids, used for metering and protection by stepping down high voltages and currents to measurable levels. The contract was awarded by a domestic entity and does not fall under related party transactions, ensuring the interest of the company’s stakeholders remains protected.

Quality Power Electrical Equipments Limited is a leading Indian player specializing in high-voltage power technologies and energy transition solutions, including reactors, transformers, and grid interconnection equipment like STATCOM and HVDC components. In recent updates from early 2026, the company successfully completed the acquisition of a 50% stake in Sukrut Electric Company, further diversifying its product portfolio into electrical panels and instruments. Additionally, the company is accelerating its manufacturing expansions, with the Sangli plant now expected to be completed by June 2026, well ahead of its original schedule.

For the quarter ended December 31, 2025 (Q3 FY26), the company reported stellar financial growth, with consolidated revenue reaching INR 283.99 Crores, a massive 291% increase compared to INR 72.58 Crores in the same period last year. Net profit for the quarter soared to INR 62.76 Crores from INR 19.57 Crores YoY, representing a growth of approximately 221%. Famous institutional investors in the company include the Bank of India Flexi Cap Fund, which holds a 3.3% stake, alongside other notable holdings by the Bank of India Small Cap and Manufacturing & Infrastructure funds.