RMC Switchgears gains on securing Rs 8-cr domestic orders

The contract from Jaipur Vidyut Vitran Nigam, valued at Rs 2.84 crore (Rs 2,84,47,125), entails the supply of 100 Amp. L.T. Distribution Kiosks suitable for underground cabling, governed by general conditions of contract, technical specifications, and price variation formulas, with the Rajasthan Transparency in Public Procurement (RTPP) Act taking precedence in case of any discrepancy.

The second order, awarded by Genus Power Infrastructures and worth Rs 5.02 crore (Rs 5,01,72,500), involves supplying 1.1 kW UND S Panel mounting structures designed with a minimum ground clearance of 600 mm from roof surfaces.

In its regulatory filings, RMC Switchgears confirmed that both orders were received from domestic entities and that its promoter, promoter group, or group companies hold no interest in the awarding companies. Additionally, the contracts do not fall under related party transactions and have been executed at arm's length.

RMC Switchgears is primarily engaged in the business of Switchgear Engineering', ECI contracts for power distribution/ transmission sector.

The company's consolidated net profit fell 5.9% to Rs 9.27 crore, while net sales declined 13.7% to Rs 142.94 crore in Q4 FY26 compared with Q4 FY25.

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