Patel Engineering Limited — Updates, 12-02-2025: Press Release

Patel Engineering has reported strong financial results for the quarter and nine months ended December 31, 2024, showcasing its resilience amid evolving market conditions. For Q3 FY25, consolidated revenue from operations grew by 13.62% to ₹12,055 Mn, while operating EBITDA surged 29.50% to ₹1,840 Mn, resulting in an operating EBITDA margin of 15.26%. Consolidated net profit rose to ₹804 Mn, reflecting an increase of 14.50% year-over-year, with a maintained net profit margin of 6.67%. The company reported a significant reduction in gross debt, standing at ₹14,224 Mn compared to ₹18,855 Mn as of March 31, 2024.

In terms of strategic developments, Patel Engineering continues to progress in vital sectors such as hydropower, irrigation, and tunneling, enhancing its capabilities while supporting national infrastructure needs. The robust performance and solid order book of ₹1,63,964 Mn position the company well for future growth. Investors should take note of these results, indicating a positive outlook and potential for continued expansion.