Patel Engineering Q1 profit surges 56% on strong orders

Patel Engineering Limited reported consolidated revenue of ₹12,334 million in Q1 FY26, up 11.96% year-on-year. Net profit surged 55.89% to ₹751 million, with earnings per share at ₹0.92.

The company's order book stands at ₹1,62,854 million. It secured new orders worth ₹2,988 million for urban infrastructure, hydropower, and irrigation projects during the quarter.

Key project milestones included completing the 155-meter Surge Shaft at Arun-III Hydropower Project and achieving breakthrough at the Ghatkoper High-Level Reservoir shaft.