Saturday, Mar 15 2025 | Time 22:57 Hrs(IST)
Business EconomyPosted at: Feb 6 2025 6:10PM


Bajel Projects net drops 57 pc to Rs 1.46 crore in Q3

New Delhi, Feb 6 (UNI) Power infrastructure and Bajaj Group company Bajel Projects Limited (Bajel) on Thursday reported 57 percent drop year-on-year in net profit at Rs 1.46 crore during the third quarter of FY25, versus Rs 3.36 crore in the same quarter of previous financial year.
For the third quarter of FY’2024-25, the Company has achieved total revenue from operations of Rs 622.38 crore as against Rs 275.08 crore, a growth of 126 percent over the third quarter of the previous year, the company said in a release.
Commenting on the results, Mr. Rajesh Ganesh, MD & CEO, Bajel Projects Ltd. said, "This quarter’s performance underscores our strong project management and execution capabilities. Our unwavering commitment to project delivery has resulted in a Profit Before Tax (PBT) of Rs 17.65 crore for the 9-month period, reaffirming our focus on generating consistent value.
Securing three major orders in January—adding Rs 940 crore (excluding GST) to our order book—demonstrates the trust our clients place in our expertise and capabilities. As we continue to expand, we remain focused on operational efficiency, timely execution, and building a resilient organisation.”
Bajel Projects had an exceptional start to 2025, securing three major orders in January. These projects alone have expanded the company’s order book by approximately Rs 940 crore (excluding GST) within a month, reinforcing client confidence in Bajel Projects’ expertise in delivering high-quality, complex infrastructure solutions, he added.
UNI SKB CS1810
Please log in to get detailed story.
Tags: #Bajel Projects net drops 57 pc to Rs 1.46 crore in Q3
More News

US policies, geopolitical tensions pose risk to global trade in 2025: UNCTAD

15 Mar 2025 | 4:24 PM

New Delhi, Mar 15 (UNI) Global economic activity is expected to maintain modest momentum in 2025 but international trade faces significant uncertainty with factors such as a shift in US trade policies, global trade imbalances and geopolitical challenges negatively impacting trade growth, UN Trade and Development (UNCTAD) has said in its latest Global Trade Update.

see more..
RBI dismisses market speculations; says IndusInd bank “well-capitalised”

RBI dismisses market speculations; says IndusInd bank “well-capitalised”

15 Mar 2025 | 4:05 PM

Mumbai, Mar 15 (UNI) The Reserve Bank of India on Saturday dismissed market speculations regarding private lender IndusInd Bank and said the bank is “well-capitalised” and the finaicial position of the bank continues to be satisfactory.

see more..

Kottayam-Kochi Rubber Market Rates

15 Mar 2025 | 4:00 PM

Kottayam, Mar 15 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..

Allchem Lifescience Limited files DRHP with SEBI

15 Mar 2025 | 2:48 PM

Mumbai, Mar 15 (UNI) Allchem Lifescience has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI).

see more..

Kerala IT to take part in Convergence India Expo in Delhi from Mar 19

15 Mar 2025 | 2:25 PM

Thiruvananthapuram, Mar 15 (UNI) A contingent of around 20 IT Small and Medium Enterprises (SMEs) companies from Kerala will showcase their products and services at the three-day 32nd edition of Convergence India Expo, the country’s largest technology and infrastructure event, in New Delhi, starting on March 19.

see more..