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Infrastructure development company Patel Engineering has reported a 56 per cent year-on-year growth in consolidated net profit at ₹ 75 crore in the June quarter of this financial year, driven by higher revenues.
The Mumbai-based entity had logged a net profit of ₹48 crore in the April-June period of the preceding 2024-25 financial year.
As per the company, its revenue from operations in the first quarter surged by 12 per cent to ₹1,233 crore, from ₹1,102 crore in Q1 FY25.
Patel Engineering had a total debt of ₹1,527 crore as of June 30, 2025, down from ₹1,603 core at the end of March 2025, the company said in a statement.
"The Q1 performance illustrates our ability to drive consistent growth while enhancing operational efficiency. With a track record of executing over 350 projects, including several marquee assignments, our execution capabilities have matured significantly, contributing to our strong financial performance," Kavita Shirvaikar, MD, Patel Engineering said.
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The company has successfully secured orders worth ₹2,250 crore during the quarter, taking its order book to ₹16,285 crore as of June 30, 2025.
Last month, Patel Engineering got a ₹240 crore order from state-owned NHPC for civil and hydro mechanical works at Teesta-V project in Sikkim.
Patel Engineering Ltd has a significant presence in the hydropower, tunnelling, and irrigation sectors.
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