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The company said the contract pertains to the supply of instrument transformers and has been classified as a domestic order. It further clarified that neither the promoter nor the promoter group has any interest in the entity awarding the contract. The company also confirmed that the order does not fall under related party transactions.
Quality Power Electrical Equipments is engaged in the business of energy transition equipment and power technologies.
The company's consolidated net profit zoomed 220.69% to Rs 62.76 crore in Q3 FY26 as against Rs 19.57 crore in Q3 FY25. Revenue from operations jumped 291.27% to Rs 283.99 crore in Q3 FY26 as against Rs 72.58 crore in Q3 FY25.
The counter advanced 2.66% to end at Rs 883.40 on the BSE.
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