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Quality Power Electrical Equipments Limited expands with acquisitions and a joint venture
10-Aug-2026, 02:43
Quality Power Electrical Equipments Limited reported strong growth in the first quarter of fiscal year 2027, driven by a robust order book and strategic initiatives. The company is pursuing expansion through acquisitions, including a proposed acquisition of Winwin Speciality Insulators (WSIL) to bolster its high-voltage insulator market presence, and holds a 26% stake in Nebeskie Labs for energy management software solutions. Quality Power has also established a 50:50 joint venture with Raychem RPG for transformer component manufacturing. To further advance technological capabilities, the company appointed Shylendra Kumar as Group Chief Technology Officer, focusing on areas like power quality, HVDC, and FACTS. The presentation noted the impact of Ind AS 29 adjustments while highlighting improved profitability and a commitment to corporate social responsibility and robust governance practices, including ISO certifications.
Quality Power Electrical Equipments Limited reported strong growth in the first quarter of fiscal year 2027, driven by a robust order book and strategic initiatives. The company is pursuing expansion through acquisitions, including a proposed acquisition of Winwin Speciality Insulators (WSIL) to bolster its high-voltage insulator market presence, and holds a 26% stake in Nebeskie Labs for energy management software solutions. Quality Power has also established a 50:50 joint venture with Raychem RPG for transformer component manufacturing. To further advance technological capabilities, the company appointed Shylendra Kumar as Group Chief Technology Officer, focusing on areas like power quality, HVDC, and FACTS. The presentation noted the impact of Ind AS 29 adjustments while highlighting improved profitability and a commitment to corporate social responsibility and robust governance practices, including ISO certifications.