Patel Engineering reported a mixed set of results for the fourth quarter, with profitability and revenue declining year-on-year, although margins improved during the period.
The company posted a net profit of ₹31.8 crore in Q4FY26, down 8.4% from ₹34.7 crore reported in the corresponding quarter last year.
Revenue from operations declined 11.8% YoY to ₹1,421.4 crore, compared to ₹1,611.8 crore in Q4FY25.
At the operating level, EBITDA stood at ₹215 crore for the quarter, marginally lower by 1.4% from ₹218 crore reported a year ago.
Despite the decline in topline and profit, EBITDA margin improved to 15.1% from 13.5% in the corresponding quarter of the previous financial year, indicating better operational efficiency and cost control measures.
Patel Engineering operates in the infrastructure and construction segment with presence across hydroelectric projects, irrigation systems, tunnels, roads and urban infrastructure developments.
Infrastructure stocks remain in focus amid continued government spending on large-scale public projects and transportation development across the country.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice.