StockWatch
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Civil Construction
Quarterly Result10 Aug 2026, 02:20 pm

Patel Engineering Q1 FY27 Net Profit Up 24.49% to ₹93.48 Cr

AI Summary

Patel Engineering Limited reported its unaudited financial results for the quarter ended June 30, 2026. The company achieved a consolidated revenue from operations of ₹1,280.74 crore, a 3.83% increase year-on-year. Consolidated operating EBITDA rose to ₹179.60 crore with a margin of 14.02%. Net profit attributable to owners of the parent surged by 24.49% to ₹93.48 crore, with a margin of 7.30%. Key operational highlights include an order book of ₹14,636 crore, significant progress on hydropower projects, and a long-term credit rating upgrade from A- to A. The company attributes its performance to disciplined project execution and cost management.

Key Highlights

  • Q1 FY27 Net Profit increased by 24.49% YoY to ₹93.48 crore.
  • Consolidated Revenue from Operations grew 3.83% YoY to ₹1,280.74 crore.
  • Order book stands at ₹14,636 crore as of June 30, 2026.
  • Long-term credit rating upgraded from A- to A in June 2026.
  • Key hydropower projects show significant construction progress.