PSP Projects' Q1 FY 2025-26 Quarterly Results

Result Summary

• PSP Projects Ltd reported a 22.6% 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 decline of 16.8%.
• Its expenses for the quarter were down by 19.7% QoQ and 10.0% YoY.
• The net profit decreased 97.3% QoQ and decreased 98.8% YoY.
• The earnings per share (EPS) of PSP Projects Ltd stood at 0.1 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

PSP Projects Ltd is a well-established company operating in the construction and infrastructure industry. The company is primarily engaged in providing construction services across various sectors, including industrial, institutional, government, and residential projects. PSP Projects Ltd is known for its expertise in executing large and complex projects, often involving state-of-the-art technology and innovative construction techniques. As of the latest updates, the company has been actively involved in numerous high-profile projects, reflecting its strong presence in the industry. However, specific recent developments or strategic changes within the company are not available from the provided data.

Revenue

The financial performance of PSP Projects Ltd for Q1FY26 shows a total income of ₹521.76 crores. This marks a decline from the previous quarter (Q4FY25), where the total income was ₹673.83 crores, indicating a quarter-over-quarter (QoQ) decrease of 22.6%. Comparatively, the total income for the same quarter in the previous year (Q1FY25) was ₹626.85 crores, resulting in a year-over-year (YoY) decrease of 16.8%. These figures suggest a contraction in revenue generation over both the quarterly and yearly periods, which is critical for understanding the company's current market performance.

Profitability

In terms of profitability, PSP Projects Ltd recorded a profit before tax (PBT) of ₹0.73 crores in Q1FY26, showing a significant reduction from the PBT of ₹24.77 crores in Q4FY25. This represents a QoQ decrease of 97.1%. The PBT for Q1FY25 was ₹47.84 crores, which indicates a YoY decrease of 98.5%. The profit after tax (PAT) for Q1FY26 was ₹0.42 crores, down from ₹15.52 crores in Q4FY25 and ₹34.68 crores in Q1FY25, reflecting QoQ and YoY decreases of 97.3% and 98.8%, respectively. This decline in profitability is further evidenced by the earnings per share (EPS) figures, which dropped from ₹4.30 in Q4FY25 to ₹0.10 in Q1FY26, and from ₹8.80 in Q1FY25, showing a drastic reduction in earnings.

Operating Metrics

The total expenses for PSP Projects Ltd in Q1FY26 were reported at ₹521.03 crores, compared to ₹649.06 crores in Q4FY25, indicating a QoQ decrease of 19.7%. In comparison to Q1FY25, where the expenses were ₹579.01 crores, there was a YoY decrease of 10.0%. These changes in expenses, when viewed alongside the revenue and profitability figures, provide a comprehensive picture of the company's operational efficiency. The tax expense also saw a significant decline, with Q1FY26 reporting ₹0.30 crores, down from ₹8.69 crores in Q4FY25 and ₹13.15 crores in Q1FY25, reflecting QoQ and YoY decreases of 96.5% and 97.7%, respectively. These metrics are crucial for assessing the financial health and operational strategies of the company over the given periods.