Bajel FY25 Income Tops Rs 26 Billion, EBITDA Up 152 Per Cent

27 May 2025 CW Team

Bajel Projects Limited, a Bajaj Group company, reported a strong financial performance for the quarter and year ended 31st March 2025. In Q4 FY25, total income rose by 59 per cent year-on-year to Rs 8.08 billion, while Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs 273.3 million, up five per cent. However, profit after tax declined to Rs 48.2 million from Rs 70.7 million in Q4 FY24.

For the full financial year, the company’s total income surged by 120 per cent to Rs 26.29 billion. Revenue from operations grew by 122 per cent, reaching Rs 25.98 billion. Annual EBITDA increased to Rs 901.7 million, marking a 152 per cent rise. Profit before tax also grew significantly to Rs 239.7 million from Rs 36.8 million the previous year. Net profit stood at Rs 154.6 million, up 260 per cent.

The company attributes this performance to improved operational efficiency and effective project execution. The EBITDA margin for FY25 improved to 3.43 per cent, reflecting enhanced profitability despite moderate Q4 results.

Source:Press release from Bajel Projects Limited filed with BSE and NSE

Real Estate

17 Sep 2025

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..