Rajesh Power Q2 net profit rises 35 per cent to Rs 79.22 crore
The power EPC company reported a 46 per cent increase in total income for the September quarter of FY27.
Rajesh Power Services Limited recorded a 35 per cent year-on-year increase in consolidated net profit to Rs 79.22 crore for the September quarter, according to Moneycontrol.
The company's net profit for the same period in the previous year was Rs 58.78 crore, as stated in an exchange filing on Monday.
Total income for the July-September quarter of FY27 rose by approximately 46 per cent year-on-year to Rs 931.84 crore, up from Rs 640.07 crore in the corresponding quarter of the previous year.
Kurang Panchal, Chairman and Managing Director of Rajesh Power Services Limited, said the company has an aggregate order book of approximately Rs 4,000 crore.
Panchal stated that a growing presence in Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha provides revenue visibility for many coming quarters.
The Engineering, Procurement and Construction (EPC) company recently received orders worth around Rs 472 crore from the Madhya Gujarat Vij Company Limited (MGVCL) in Gujarat.