S&S Power Switchgears Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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S&S Power Switchgears reported strong consolidated performance for FY26 with revenue growing 42% to Rs 266.79 crore from Rs 187.43 crore in FY25. The group swung from a loss of Rs 4.69 crore to a profit before tax of Rs 5.61 crore, with profit after tax of Rs 4.98 crore. Standalone results, however, show the parent company continuing to incur losses with PBT at negative Rs 4.04 crore and PAT at negative Rs 4.34 crore. The improvement was driven by international subsidiaries including UK operations. The statutory auditors CNK & Associates issued an unmodified opinion on both standalone and consolidated results. The board also approved appointment of Mr. Martin Ansell as Additional Non-Executive Independent Director for 5 years.
Consolidated results show turnaround from losses to profits with strong revenue growth, indicating improved group performance. However, standalone losses suggest the parent company remains dependent on subsidiaries for profitability, which shareholders should monitor.