Rajesh Power Services net profit up 34% on better order execution
Executive Brief • Key Highlights
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- ✓Rajesh Power Services reported a 34 per cent rise in net profit to ₹79 crore for the September quarter.
- ✓Revenue grew to ₹929 crore, helped by better project execution.
- ✓Chairman Kurang Panchal said, "We are confident of delivering sustained, profitable growth in FY27 and beyond." The firm holds orders worth ₹3,647 crore.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Revenue increased to ₹929 crore (₹638 crore) and the company has unexecuted order book of ₹3,647 crore as of September-end. It has executed projects worth ₹929 crore in the first half of this fiscal
Rajesh Power Services, a leading EPC Contractors in Power Transmission & Distribution, reported that its net profit in the September quarter was up 34 per cent at ₹79 crore against ₹59 crore, on the back of better order execution.
Revenue increased to ₹929 crore (₹638 crore). The company has unexecuted order book of ₹3,647 crore as of September-end. It has executed projects worth ₹929 crore in the first half of this fiscal.
Kurang Panchal, Chairman & Managing Director, Rajesh Power Services said the company has registered a strong, broad-based growth in both our topline and bottomline due to on-time execution across GIS and AIS substation, EHV cable, transmission line and distribution projects.
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