Patel Engineering shares witnessed strong buying interest on Monday, surging over 6% after the company reported a robust set of numbers for the first quarter of FY26. The stock opened at ₹36.50, hitting an intraday high of ₹39.90, compared to the previous close of ₹36.48.
For the quarter ended June 2025, Patel Engineering posted a 48% year-on-year (YoY) jump in net profit to ₹81 crore, up from ₹54.7 crore in the same period last year. Revenue from operations also saw healthy growth, rising 12% YoY to ₹1,233.4 crore from ₹1,101.6 crore.
However, the company faced some pressure on profitability margins. EBITDA for the quarter slipped 2% to ₹165.2 crore against ₹168.6 crore a year ago. As a result, EBITDA margin contracted to 13.4% from 15.3% in the corresponding quarter of the previous year.
Despite the margin dip, investors reacted positively to the strong profit growth and healthy revenue performance. The stock’s 52-week range currently stands between ₹35.68 and ₹62.80, and with today’s gains, it is trading well above its recent lows.
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