Patel Engineering Q1 Net Profit Rises 24.5% to Rs 93.48 Cr

New Delhi: Infrastructure and construction services firm Patel Engineering Ltd on Monday reported a 24.5 per cent rise in consolidated net profit to Rs 93.48 crore for the quarter ended June.

The company had posted a net profit (attributable to owners of the parent) of Rs 75.09 crore in the year-ago period, according to a regulatory filing.

The consolidated revenue from operations rose by 3.83 per cent to Rs 1,280.74 crore over Rs 1,233.45 crore in Q1 FY26.

The company delivered a steady performance during the quarter, underpinned by disciplined execution across its projects, operational efficiencies and a robust order book that continues to provide strong revenue visibility, Patel Engineering said in a statement.

“Our financial performance demonstrates the continued benefits of disciplined project execution and prudent cost management. We remain focused on improving execution efficiency, maintaining healthy liquidity and further strengthening our core capabilities. These initiatives provide us with the flexibility to pursue quality growth opportunities while creating long-term value for all stakeholders,” the company’s Managing Director Kavita Shirvaikar said.

Patel Engineering is an infrastructure and construction company specialising in hydropower and irrigation projects. It is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures and other heavy civil engineering projects.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)