Patel Engineering Q1 FY26 Net Profit Rises 56 per cent Y-o-Y
12 Aug 2025 CW Team
Patel Engineering Limited, a leading Indian infrastructure and construction services firm, has announced its limited reviewed financial results for the quarter ended 30 June 2025.
Key Financial Highlights:
- Revenue from operations: Rs 12.33 billion, up 11.96 per cent year-on-year from Rs 11.02 billion in Q1 FY25.
- Operating EBITDA: Rs 1.65 billion, with a margin of 13.40 per cent.
- Net Profit: Rs 750 million, marking a 55.89 per cent increase from Rs 480 million in Q1 FY25. Net profit margin improved to 6.09 per cent from 4.37 per cent.
- EPS: Rs 0.92 in Q1 FY26, up from Rs 0.65 in Q1 FY25, reflecting stronger profitability and operational efficiency.
- Total Debt: Reduced from Rs 16.03 billion as of 31 March 2025 to Rs 15.27 billion as of 30 June 2025.
Major Project Wins in Q1 FY26:
- Letter of Award (LOA) for an urban infrastructure project worth Rs 13.19 billion from City & Industrial Development
Corporation of Maharashtra Ltd (CIDCO).
- LOA for a hydropower project valued at Rs 7.11 billion from North Eastern Electric Power Corporation Ltd (NEEPCO).
- LOA for an irrigation project worth Rs 9.58 billion from Maharashtra Krishna Valley Development Corporation, with Patel Engineering’s share at Rs 1.92 billion under a joint venture.
Post-Q1 Development:
- In July 2025, the company secured an LOA for a hydropower project worth Rs 2.40 billion from National Hydroelectric Power Corporation (NHPC).