Business Update16 Jul 2026, 10:19 am
Rajesh Power Services Secures ₹864.8 Cr in New Orders
AI Summary
Rajesh Power Services Limited (RPSL) announced business updates for Q1 FY26-27, reporting revenue from operations of ₹436.62 crores. The company's unexecuted order book stands at ₹3,741.79 crores as of June 30, 2026. Key highlights include entry into Odisha with a ₹211.68 crore transmission project from OPTCL and securing ₹653.12 crore for underground power distribution projects from PGVCL in Gujarat. Additionally, RPSL's long-term credit rating outlook was revised to 'Positive' from 'Stable' by CRISIL, with the rating reaffirmed at 'A-'.
Key Highlights
- Revenue from operations at ₹436.62 Cr for Q1 FY26-27.
- Order book stands at ₹3,741.79 Cr as of June 30, 2026.
- Secured new orders worth ₹864.8 Cr from OPTCL and PGVCL.
- Credit rating outlook revised to 'Positive' by CRISIL.
Price Impact
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