Powerica Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors, at their meeting on May 28, 2026, also approved the appointment of M/s. DMKH & Co. as internal auditors for the 2026-27 financial year and sanctioned the incorporation of two wholly-owned subsidiaries focused on renewable energy.

The company reported a standalone revenue from operations of Rs. 718.70 Crores for the quarter ended March 31, 2026. Standalone profit after tax for the same period stood at Rs. 34.28 Crores. The audit report by M/s. Kapoor & Parekh Associates provides an unmodified opinion on these financial results. Additionally, the company successfully completed its Initial Public Offer (IPO) in early 2026, with shares listing on the NSE and BSE on April 2, 2026, raising net proceeds of Rs. 661.51 Crores to be utilized for debt repayment and general corporate purposes.

Powerica Limited is a prominent player in the power sector, specializing in the generator set business and wind power generation. The company is actively expanding its renewable energy footprint through the establishment of new subsidiaries, Whisperwind Renewable Private Limited and Windfusion Renewable Private Limited, which will focus on wind and solar power projects. Following its recent IPO, the company is prioritizing the reduction of outstanding debt and strengthening its corporate structure.

For the quarter ended March 31, 2026, the company’s standalone revenue from operations grew by 10.77% compared to the previous quarter (QoQ) and 4.73% compared to the corresponding quarter of the previous year (YoY). Standalone profit after tax decreased by 61.63% QoQ but increased by 25.94% YoY. Famous investors are not explicitly disclosed in the provided notice.