Bajel Projects Limited has informed the Exchange regarding 'machine-readable and searchable form of Financials'.
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bajel Projects Limited announced its Q1 FY26 unaudited results. Standalone revenue from operations stood at Rs 60,763 lakhs, down about 24% sequentially from Rs 80,143 lakhs in Q4 FY25 but up roughly 19% compared with Rs 51,202 lakhs in Q1 FY25. Standalone profit after tax was Rs 331.51 lakhs, lower than Rs 482.26 lakhs in Q4 FY25 and Rs 552.39 lakhs in Q1 FY25, a year-on-year drop of around 40%. Earnings per share came in at Rs 0.29 versus Rs 0.48 in the same quarter last year. On a consolidated basis, after factoring in a Rs 35.87 lakh share of loss from joint ventures, PAT was Rs 295.64 lakhs. The statutory auditor, SRBC & Co LLP, drew attention to ongoing arbitration with two customers involving Rs 4,930 lakhs of outstanding balances. Full year FY25 standalone revenue was Rs 2,59,824 lakhs with PAT of Rs 1,546 lakhs.
Revenue growth on a year-on-year basis is healthy, but the sharp drop in profit and EPS compared with both the previous quarter and the same quarter last year points to margin pressure that shareholders should watch. The Rs 4,930 lakh arbitration recovery is a material overhang and its outcome could meaningfully affect future earnings.