Genus Power Eyes Rs 6,500 Crore Revenues with Smart Meter Expansion
Genus Power Infrastructures projects significant revenue growth by FY2027, driven by India's expanding smart-metering market. The company's strategy includes diversifying into smart gas and water meters, and enhancing its software capabilities, as utilities focus on efficiency and real-time management amid structural energy demand changes.
Genus Power Infrastructures expects revenues to rise to Rs 6,000–6,500 crore in FY2027 as India's smart-metering rollout gathers pace and utilities increasingly prioritise grid intelligence, energy efficiency, and real-time demand management, a top company official said.
Alongside core smart metering, Genus is investing in smart gas and water meters, tapping into a Rs 35,000–36,000 crore market opportunity. The company also focuses on developing software analytics capabilities, striving for broader energy-data applications amid India's structural energy demand changes.
(With inputs from agencies.)
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