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Stock Report
Telge Projects Q1 FY27 Results: Net Profit Surges 139% YoY to ₹282.63 Lakhs, Driven by Robust Service Sales Growth
Posted On : 2026-07-19 12:26:11( TIMEZONE : IST )
Telge Projects Limited today announced its unaudited consolidated financial results for the first quarter of fiscal year 2027 ended June 30, 2026. The company registered an outstanding triple-digit expansion in its net profit on a year-on-year (YoY) basis, propelled by aggressive scaling of its core service vertical.
Income Architecture and Profitability Momentum
Telge Projects exhibited powerful operational momentum during the quarter, posting a massive scale-up in its core top-line delivery:
Revenue from Operations: Stood at ₹1,705.10 lakhs for Q1 FY27, recording a spectacular 100.8% YoY growth compared to ₹849.35 lakhs in the corresponding quarter of the previous fiscal year. Sequentially, revenue from operations advanced by 18.5% over the ₹1,438.76 lakhs achieved in Q4 FY26.
Total Income: Aggregated to ₹1,734.39 lakhs, including other corporate income of ₹29.29 lakhs.
Net Profit (After Minority Interest): Surged 139.1% YoY to ₹282.63 lakhs, escalating from ₹118.22 lakhs in Q1 FY26. On a sequential basis, net profit experienced a moderate normalization of 14.1% from the peak billing cycle of ₹329.19 lakhs in the preceding quarter ended March 31, 2026.
Earnings Per Share (EPS): Basic and diluted EPS for the quarter advanced significantly to ₹3.36 per share (face value of ₹10 each), rising sharply from ₹1.64 per share in the year-ago quarter.
Cost Structures and Tech Reinvestments
The rapid scale of project execution necessitated higher deployment of engineering talent and software resources during the quarter:
Total Expenses: Came in at ₹1,345.07 lakhs for Q1 FY27, compared to ₹752.90 lakhs in Q1 FY26 and ₹1,003.28 lakhs sequentially.
Employee Benefit Expenses: Increased to ₹738.40 lakhs, reflecting an expanding workforce to manage a larger contract pipeline, up from ₹369.99 lakhs in the year-ago base quarter.
Software and Subscription Expenses: Rose to ₹115.90 lakhs during the quarter from ₹55.09 lakhs YoY, highlighting continuous technology upgrades and platform investments required for specialized project architecture.
Finance Costs: Adjusted downward sharply to ₹4.82 lakhs from ₹13.70 lakhs YoY, indicating an optimized debt or working capital facility management cycle.
Depreciation and Amortisation: Stood at ₹52.45 lakhs, while other corporate operating overheads concluded at ₹433.50 lakhs.
Tax and Equity Architecture
The corporate tax outgo for the quarter totaled ₹90.75 lakhs, which included a current tax liability of ₹92.79 lakhs balanced out by a deferred tax credit of ₹2.04 lakhs. The net profit allocation to minority stakeholders was accounted for at ₹15.94 lakhs during the three-month window.
The company's paid-up equity share capital closed the quarter at ₹979.01 lakhs, composed of 97,90,148 fully paid equity shares of face value ₹10 each.
