Patel Engineering's Q1 FY 2025-26 Quarterly Results

Result Summary

• Patel Engineering Ltd reported a 7.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.9%.
• Its expenses for the quarter were down by 5.0% QoQ and up 11.8% YoY.
• The net profit decreased 42.3% QoQ and increased 47.9% YoY.
• The earnings per share (EPS) of Patel Engineering Ltd stood at 0.9 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Patel Engineering Ltd is a company engaged primarily in the engineering and construction sector. The firm specializes in infrastructure development, focusing on various projects such as dams, tunnels, powerhouses, and roads. Over the years, Patel Engineering has established itself as a key player within its industry, contributing to significant infrastructural developments. As of the date of this report, there are no specific recent developments available from the provided data.

Revenue

In Q1FY26, Patel Engineering Ltd reported a total income of ₹1271.97 crores. This represents a decrease of 7.5% compared to the previous quarter (Q4FY25), which recorded a total income of ₹1374.37 crores. Despite the quarter-over-quarter decline, the year-over-year comparison shows a 12.9% increase from Q1FY25, where the total income was ₹1126.28 crores. This suggests an upward trend in revenue when compared annually, indicating a growth trajectory over the past year.

Profitability

The profitability of Patel Engineering Ltd in Q1FY26 shows a mixed performance. The company's profit before tax (PBT) stood at ₹105.35 crores, marking a significant decline of 44.6% compared to ₹190.09 crores in Q4FY25. On a year-over-year basis, however, the PBT increased by 26.5% from ₹83.26 crores in Q1FY25. The profit after tax (PAT) was ₹80.94 crores, down by 42.3% from ₹140.35 crores in the previous quarter, but up by 47.9% from ₹54.72 crores in the same quarter last year. The tax expenses in Q1FY26 were ₹25.33 crores, decreasing by 48.5% from the previous quarter and by 28.4% compared to the same quarter last year.

Operating Metrics

Key operating metrics for Patel Engineering Ltd include the earnings per share (EPS), which in Q1FY26 was ₹0.90. This is a decrease of 40.0% from the previous quarter's EPS of ₹1.50. However, compared to the EPS of ₹0.60 in Q1FY25, there is a notable increase of 50.0% year-over-year. Total expenses in Q1FY26 were reported at ₹1166.61 crores, showing a 5.0% reduction from the previous quarter's expenses of ₹1227.72 crores. On a year-over-year basis, total expenses increased by 11.8% from ₹1043.02 crores in Q1FY25. These figures highlight the company's ability to manage costs while achieving growth in certain financial metrics.