Bajel Projects Ltd would be focusing on project execution, noted the company’s MD & CEO, Rajesh Ganesh, whilst discussing the company’s performance in Q1 (April to June) of FY26.
Commenting on the company’s results for Q1FY26, Rajesh Ganesh, MD & CEO, Bajel Projects Ltd., said, “Our focus is on project execution. In Q1, we successfully executed several transmission line projects in Raichur, Jeypore–Jagdalpur, and Gurgaon. Revenue grew 19% year-on-year, while EBITDA margin improved to 4 per cent from 3.6 per cent in the same period last year. Despite ongoing finance cost pressures, we continue to enhance efficiency and collaborate with financial partners to mitigate challenges. We remain focused on execution excellence and creating long-term value for our stakeholders”.
Bajel Projects Ltd, during Q1FY26, achieved revenue from operations of about Rs.608 crore, marking a growth of 19 per cent over the revenue of about Rs.512 crore in the corresponding quarter of the previous year. The company’s EBITDA grew to about Rs.25 crore, a 33 per cent increase from Rs.19 crore during the same period last year.
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Featured photograph (source: Bajel Projects) is for representation only