Lakshya Powertech Limited announced its financial results for the second half and full fiscal year 2026, reporting significant growth in revenue and profitability. The company attributed the strong performance to increased demand for its power solutions and operational efficiencies.
H2 FY26 Financial Highlights
For the second half of FY26, Lakshya Powertech recorded a revenue of INR 450 crore, a 22% increase compared to INR 369 crore in H2 FY25. Net profit for the period stood at INR 52 crore, up 18% from INR 44 crore in the same period last year. The earnings per share (EPS) improved to INR 6.50 from INR 5.50.
Full Year FY26 Performance
For the full fiscal year ended March 31, 2026, the company reported revenue of INR 875 crore, representing a 20% growth over FY25's INR 729 crore. Net profit rose to INR 98 crore, a 16% increase from INR 84.5 crore in the previous year. The board recommended a final dividend of INR 2 per share, subject to shareholder approval.
Operational and Strategic Developments
During FY26, Lakshya Powertech expanded its manufacturing capacity by 15% to meet growing demand. The company also secured new contracts worth INR 200 crore in the power transmission and distribution segment. Additionally, it invested INR 30 crore in research and development for smart grid technologies.
Management Commentary
Commenting on the results, Mr. Rajesh Gupta, Managing Director of Lakshya Powertech, said: 'We are pleased with our performance in FY26, driven by strong execution and market demand. Our focus on innovation and operational excellence has enabled us to deliver consistent growth. We remain committed to creating value for our stakeholders and capitalizing on emerging opportunities in the power sector.'
Outlook for FY27
Looking ahead, the company expects revenue growth of 18-20% in FY27, supported by a robust order book and expansion into new geographies. Lakshya Powertech plans to invest INR 50 crore in capacity expansion and technology upgrades. The management remains optimistic about the long-term demand for power infrastructure in India.
