Patel Engineering's Q2 FY 2025-26 Quarterly Results

Result Summary

• Patel Engineering Ltd reported a -0.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.3%.
• Its expenses for the quarter were down by 1.2% QoQ and up 3.3% YoY.
• The net profit decreased 9.8% QoQ and decreased 0.6% YoY.
• The earnings per share (EPS) of Patel Engineering Ltd stood at 0.8 during Q2 FY 2025-26.

Financial Statments for Q2 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. It specializes in infrastructure development, including the construction of dams, tunnels, roads, bridges, and other large-scale projects. The company is well-known for its expertise in civil engineering and has contributed to various key infrastructure projects across India. As of the latest available information, there are no major developments specific to Patel Engineering Ltd that have been publicly disclosed. However, the company operates in a dynamic industry that often involves large-scale government contracts and private sector projects.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Patel Engineering Ltd reported a total income of ₹1271.67 crores. This figure represents a slight decrease of 0.0% from the previous quarter (Q1FY26), where the total income was ₹1271.97 crores. However, when compared to the same quarter of the previous fiscal year (Q2FY25), the total income increased by 3.3%, up from ₹1230.98 crores. This year-over-year growth indicates a positive upward trend in revenue for the company over the past year, despite the quarter-over-quarter stagnation observed.

Profitability

During Q2FY26, Patel Engineering Ltd reported a profit before tax of ₹88.71 crores, which reflects a decline of 15.8% from the previous quarter's ₹105.35 crores. Additionally, when compared to Q2FY25, there is a decrease of 12.2% from ₹101.07 crores. The tax expense for Q2FY26 was ₹23.97 crores, showing a decrease of 5.4% from Q1FY26, and a 13.5% decrease from Q2FY25. Consequently, the profit after tax for Q2FY26 stood at ₹73.03 crores, a decline of 9.8% from Q1FY26's ₹80.94 crores, and a slight decrease of 0.6% from ₹73.45 crores in Q2FY25. Earnings per share for the quarter were ₹0.80, showing an 8.0% decline both quarter-over-quarter and year-over-year from ₹0.87.

Operating Metrics

The total expenses for Patel Engineering Ltd in Q2FY26 amounted to ₹1152.04 crores, which is a decrease of 1.2% from the previous quarter's expenses of ₹1166.61 crores. Year-over-year, there is an increase of 3.3% from ₹1115.14 crores in Q2FY25. The consistent rise in expenses year-over-year alongside the moderated quarter-over-quarter decline reflects the company's cost management strategies amid fluctuating income levels. These figures suggest that while the company has managed to slightly reduce its quarterly expenses, the year-over-year increase in expenses aligns with the rise in total income, maintaining operational stability.