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).

Patel Engineering said its Q1 FY26 performance reflects its ability to combine strong execution with prudent financial management, supported by a robust order book across diverse infrastructure segments.

Infrastructure Urban

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