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Patel Engineering Profit Up, Sales Dip
14 May
Summary
- Net profit rose 16% to Rs 41.51 crore in March 2026 quarter.
- Sales declined 11.81% to Rs 1421.48 crore in March 2026 quarter.
- Full-year profit increased 7.69% to Rs 260.73 crore.
For the quarter ending March 2026, Patel Engineering announced a notable increase in net profit, which grew by 15.95% to Rs 41.51 crore from Rs 35.80 crore in the prior year's quarter. However, this profit growth occurred alongside a sales decline of 11.81%, with revenue falling to Rs 1421.48 crore in the March 2026 quarter, down from Rs 1611.86 crore in the corresponding period of the previous year.
Looking at the full fiscal year ending March 2026, Patel Engineering demonstrated resilience with a 7.69% rise in net profit, reaching Rs 260.73 crore compared to Rs 242.11 crore for the year ended March 2025. The company also experienced a marginal increase in sales for the full year, up by 0.18% to Rs 5102.74 crore, from Rs 5093.36 crore in the preceding fiscal year.
