Rajesh Power Services Ltd
Ahmedabad: Rajesh Power Services Ltd reported a 35% year-on-year increase in consolidated profit after tax (PAT) to Rs 79.2 crore for the first half of FY27. The company’s total income rose 46% to Rs 931.8 crore during April-Sept FY27, compared with Rs 640.07 crore in the year-ago period. Consolidated net profit stood at Rs 58.8 crore in H1 FY26. The power transmission and distribution company has an aggregate order book of around Rs 4,000 crore. The company recently secured orders worth around Rs 472 crore from Madhya Gujarat Vij Company Ltd (MGVCL), a state-owned power distribution company in Gujarat.
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“Our healthy aggregate order book of approximately Rs 4,000 crore and growing presence across these states give us good revenue visibility for the next several quarters,” said Kurang Panchal, chairman and managing director of Rajesh Power Services Ltd. Its operations span Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha. The company operates in the power transmission and distribution sector, providing engineering, procurement and construction (EPC) services. Download the TOI App.