StockWatch
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Power - Transmission
Quarterly Result7 Aug 2026, 07:30 pm

Bajel Projects Q1 FY27 PBT Up 54.7% to ₹6.9 Cr

AI Summary

Bajel Projects Ltd reported its financial results for the first quarter ended June 30, 2026. The company's standalone Profit Before Tax (PBT) increased by 54.7% year-on-year to ₹6.9 crore from ₹4.4 crore in Q1 FY26. Standalone Profit After Tax (PAT) grew 37.2% YoY to ₹4.5 crore. Consolidated PAT margin improved to 0.84% from 0.49% YoY, attributed to better working capital management. The company's unexecuted order book reached a record high of ₹4,055 crore, driven by new ventures in data centers and international expansion in the MENA region. Bajel Projects also acquired an equity stake in Anant Grid Projects One Private Limited, classified as an associate.

Key Highlights

  • Standalone PBT surged 54.7% YoY to ₹6.9 crore in Q1 FY27.
  • Unexecuted order book hit a record ₹4,055 crore.
  • Consolidated PAT margin improved to 0.84% from 0.49% YoY.
  • Acquired equity stake in Anant Grid Projects One Private Limited.
  • Revenue moderated YoY due to project execution phasing.