The company is doing an IPO to strengthen its balance sheet and fund capex.
The company posted total bookings worth $4.97 billion, marking a 24.1% rise over the prior quarter.
EBITDA margin expanded to 14.28%, up from 12.61% in the corresponding period last year, reflecting improved cost efficiency and better inventory management.
With this addition, the company’s under-construction power generation capacity has risen to 12.9 GW.
The project includes the construction of a 26.672-km long bypass. The project has an approximate value of ₹290.23 Crore.
A postal ballot notice was issued on June 23, 2025, to seek shareholder consent for the fundraise via remote e-voting.
Revenue for the quarter came in at ₹1,308 crore, up 57% from the corresponding period last year, driven by strong project execution.
As per the company’s filing, the other order components include active antenna array units, seekers, target acquisition, etc.
EBITDA came in at ₹36.8 crore. This is marking a 34.3% drop from the year-ago period.
The EBITDA margin came in at 41.5%, down from 43.25% in the previous quarter.
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