- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Patel Engineering Ltd is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures and other kinds of heavy civil engineering works in areas like hydro, irrigation & water supply, urban infrastructure and transport.
Patel Engineering divested its 32% stake in associate ACP Tollways for Rs 55 Cr. Previously, ACP Tollways reported a Rs 12.73 Cr loss and Rs 26.02 Cr net worth. This strategic sale of a loss-making investment could positively impact the company's financials.
Patel Engineering reported 7 worker fatalities in FY25-26, an increase from previous year, while overall recordable work injuries for workers declined. The company raised well-being spending & boosted procurement from MSMEs to 37.52% of inputs. New IoT tech monitors air quality and fuel efficiency.