Bajel Projects Ltd, a Bajaj Group company, recorded a year-on-year revenue growth of 59 per cent during Q4 (January to March) of FY25.
In a release, Bajel Projects said that for Q4FY25, it achieved a total income of Rs.808.03 crore as against Rs.507.23 crore in the corresponding quarter of FY24, implying a growth of 59 per cent.
EBITDA stood at Rs.27.33 crore in Q4FY25 as against Rs.25.91 crore in the corresponding quarter of the previous year.
Performance in FY25
Bajel Projects achieved robust growth with an increase in annual total income, reaching Rs.2,629.13 crore in FY25, representing a growth of more than 2x compared to Rs.1,194.51 crore in the previous year.
This expansion in the top line was supported by improved operational efficiency, resulting in a healthy EBITDA of Rs.90.17 crore for the entire financial year, the release said.
Focused effort
Commenting on the results, Rajesh Ganesh, MD & CEO, Bajel Projects Ltd, said, “Our performance this year underscores the enduring spirit and focused effort of our team. We achieved total revenue from operations of Rs.2,598 crore in FY25 as compared to Rs.1,169 crore last year, a growth of more than 2x. Our PAT stood at about Rs.15.5 crore compared to about Rs.4 crore in the same period last year. Our EBITDA margin for the financial year stands at 3.43 per cent, a 44 basis point increase over the last year. This year’s financial performance is a clear indicator of our strengths in effective and efficient project execution.”
