Rajesh Power posts 35 pc rise in H1 FY27 net profit to Rs 79.22 cr
New Delhi, Nov 3 (PTI) Power EPC player Rajesh Power has posted a 35 per cent year-on-year jump in consolidated
New Delhi, Nov 3 (PTI) Power EPC player Rajesh Power has posted a 35 per cent year-on-year jump in consolidated
New Delhi, Nov 3 (PTI) Power EPC player Rajesh Power has posted a 35 per cent year-on-year jump in consolidated
New Delhi, Nov 3 (PTI) Power EPC player Rajesh Power has posted a 35 per cent year-on-year jump in consolidated net profit to Rs 79.22 crore for the first half of FY27, driven by revenue growth.
It had clocked a net profit of Rs 58.78 crore in the corresponding period of preceding year (2025-26), the company said in an exchange filing on Monday.
During April-September FY27, the company's total income increased by around 46 per cent year-on-year to Rs 931.84 crore, from Rs 640.07 crore in the corresponding period a year ago.
Kurang Panchal, Chairman & Managing Director, Rajesh Power Services Limited, said, "Our healthy aggregate order book of approximately Rs 4,000 crore and growing presence across Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha give us good revenue visibility for the coming many quarters."
The company recently bagged orders worth around Rs 472 crore from government-owned power distribution company Madhya Gujarat Vij Company Limited (MGVCL), in Gujarat.
Rajesh Power Services is an Engineering, Procurement and Construction (EPC) company engaged in the power transmission and distribution sector.
(This story has not been edited by THE WEEK and is auto-generated from PTI)