Patel Engineering Limited reported a strong set of numbers for the quarter ended June 30, 2025, with consolidated net profit rising 47.92% year-on-year to Rs 809.44 crore, compared to Rs 547.22 crore in Q1 FY25.
Revenue from operations grew 11.96% to Rs 12,334.45 crore from Rs 11,016.59 crore in the same period last year, aided by higher construction activity and material consumption. Operating EBITDA stood at Rs 1,653.33 crore, marginally lower by 1.97% from Rs 1,686.49 crore last year, with margins easing to 13.40% from 15.31% due to increased costs.
EBIT rose 6.61% year-on-year to Rs 1,784.12 crore, while EBIT margin slipped slightly to 14.46% from 15.19% a year ago. Finance costs were lower at Rs 730.64 crore compared to Rs 841 crore last year. Profit before tax jumped 26.53% to Rs 1,053.48 crore from Rs 832.58 crore in the previous year.
The robust growth in bottom-line performance was supported by higher other income of Rs 385.22 crore, compared to Rs 246.17 crore in Q1 FY25, along with lower financing expenses.
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