CG Power and Industrial Solutions Ltd operates in the Motors and generators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CG Power and Industrial Solutions Ltd with three other
electrical equipment manufacturers in Asia:
Changying Xinzhi Technology Co Ltd
of CHINA
(2020
sales of 2.86 billion Chinese Renmimbi [US$439.04 million]
),
Guangdong Dongfang Precision & Technology Co Ltd
of CHINA
(2.92 billion Chinese Renmimbi [US$447.21 million]
of which 76%
was Foreign companies), and
Denyo Co., Ltd.
which is
based in JAPAN
(62.89 billion Japanese Yen [US$577.93 million]
of which 69%
was Japan).
Sales Analysis.
CG Power and Industrial Solutions Ltd reported sales of 51.10 billion Indian Rupees (US$685.75 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
sharp
decrease of 36.1%
versus 2019, when the company's sales were 79.98 billion Indian Rupees .
Contributing to the drop in overall sales was the 40.7% decline
in Power Systems, from 46.10 billion Indian Rupees to 27.36 billion Indian Rupees .
There were also decreases in sales in
Industrial Systems (down 30.0% to 23.61 billion Indian Rupees )
and
Others (down 24.0% to 129.60 million Indian Rupees )
.