Rajesh Power Services Ltd reported a 35% year-on-year rise in consolidated profit after tax to Rs 79.2 crore in the first half of FY27, while its total income increased 46% to Rs 931.8 crore, according to figures reported by Times of India – Ahmedabad. The company said its order book is now worth approximately Rs 4,000 crore, strengthening its pipeline for power transmission and distribution projects.
The company recorded total income of Rs 931.8 crore between April and September in FY27, compared with Rs 640.07 crore during the corresponding period of the previous financial year. Consolidated net profit stood at Rs 58.8 crore in H1 FY26, placing the latest profit figure Rs 20.4 crore higher than the year-ago result.
Rajesh Power Services provides engineering, procurement and construction services in the power transmission and distribution sector. Its operations extend across Gujarat, Rajasthan, Uttarakhand, Maharashtra, Madhya Pradesh and Odisha, giving it a presence in multiple state electricity markets.
The company has also secured orders worth around Rs 472 crore from Madhya Gujarat Vij Company Ltd, a state-owned power distribution company in Gujarat. The order is the latest addition to the company’s reported project pipeline and links its financial performance to ongoing procurement and network-related work by a state distribution utility.
Kurang Panchal, chairman and managing director of Rajesh Power Services Ltd, said the company’s aggregate order book of approximately Rs 4,000 crore and its expanding presence across the six states provided revenue visibility for the next several quarters. The statement did not provide a project-wise breakup of the order book, execution timelines or the expected contribution of the MGVCL orders to future revenue.
For the power sector, the company’s performance reflects the role of EPC contractors in translating utility investment into transmission and distribution assets. Such contractors typically work on the engineering, procurement and construction components of network expansion and upgrades, although the supplied report does not specify the exact scope of the newly secured orders.
The reported growth comes as state distribution companies continue to award contracts for power network works. MGVCL is one of Gujarat’s state-owned distribution companies, while Rajesh Power Services’ presence across several states gives the company exposure to procurement cycles beyond its home market. The available information does not establish whether the reported order book includes only confirmed contracts or also other commitments.
The company’s next reported financial performance and disclosures will indicate how quickly the order book converts into executed projects and revenue. Further details on the Rs 472 crore MGVCL orders, including their implementation schedule and scope, were not provided in the report.
