For the quarter ending June 30, 2025, RMC Switchgears Limited reported a consolidated Profit Before Tax (PBT) of ₹12.44 crore, marking a notable increase compared to the same period last year. The company also recorded consolidated revenues of ₹86.14 crore for Q1, showing a sharp rise of more than 165% from ₹34.04 crore in Q1 of the previous fiscal year.
Several factors contributed to the company’s profit growth this quarter. RMC achieved strong progress across its Electrical EPC and Electrical Products divisions, driven by higher order volumes and timely completion of projects. This efficient execution helped boost revenue and maintain healthy operating margins.
The company also entered the quarter with a robust order book valued at over ₹700 crore, providing clear visibility into future operations. Key projects under this pipeline include a 50 MW rooftop solar installation in Rajasthan and an underground cabling and RMU development in Gujarat. These long-term contracts ensure a consistent workload, allowing for better resource planning and enhanced profitability.
Additionally, RMC invested ₹2.6 crore in its wholly owned subsidiary, RMC Green Energy Private Limited, to expand its solar module manufacturing capabilities. This backward integration strategy aims to reduce procurement costs, secure critical supply chains, and improve overall margins within its renewable energy business.
Ankit Agrawal, CEO and Whole-Time Director, stated, “Our Q1 results demonstrate the strength of our execution and financial discipline as we expand across multiple infrastructure sectors. Supported by a strong order book, improved governance, and new investments in renewable manufacturing, we remain optimistic about maintaining solid profitability in the upcoming quarters.”
RMC Switchgears is a key player in the electrical infrastructure sector, specialising in manufacturing electrical enclosures designed to prevent power theft and enhance safety by reducing electrocution risks. The company has earned a strong position in the smart meter enclosure market and supports utilities across India under schemes like the Revamped Distribution Sector Scheme (RDSS).
Its portfolio covers manufacturing, installation, and Operations & Maintenance (O&M), making RMC a trusted partner for AMISPs, utilities, and government bodies as India upgrades its power distribution systems. The company is also preparing to engage in the government’s ₹9 trillion transmission sector investments through its EPC offerings.
RMC’s expansion into renewable energy aligns with India’s clean energy ambitions. The company is actively involved in solar EPC projects, green energy initiatives, and Independent Power Producer (IPP) solutions. Backward integration plans include a proposed 1 GW solar module manufacturing facility to reduce import reliance and boost domestic production.
Alongside its core business, RMC is advancing into water management infrastructure with technology-driven solutions, including IoT integration. By providing customised, high-value solutions to DISCOMs, RMC aims to enhance operational efficiency, minimize losses, and support India’s energy security goals—further establishing its role in the nation’s sustainable infrastructure development.
RMC Switchgears is a leading electrical infrastructure solutions provider specializing in manufacturing electrical enclosures that enhance safety and prevent energy theft. The company is well-established in the smart meter enclosure market, supporting utilities nationwide through initiatives like the Revamped Distribution Sector Scheme (RDSS). Its expertise covers manufacturing, installation, and operations and maintenance (O&M), making it a reliable partner for utilities and government entities modernizing India’s power distribution networks.
Expanding its focus, RMC has entered the renewable energy sector, with initiatives in solar and green energy EPC and IPP solutions to support India’s clean energy shift. This growth complements RMC’s core infrastructure business, with additional emphasis on water management through IoT solutions. By delivering customized, high-efficiency solutions to utilities, RMC plays an essential role in enhancing power security and sustainable infrastructure development across India.
