The company is doing an IPO to strengthen its balance sheet and fund capex.
With this addition, the company’s under-construction power generation capacity has risen to 12.9 GW.
Revenue for the quarter came in at ₹1,308 crore, up 57% from the corresponding period last year, driven by strong project execution.
The EBITDA margin came in at 41.5%, down from 43.25% in the previous 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.
The project includes the construction of a 26.672-km long bypass. The project has an approximate value of ₹290.23 Crore.
The company posted total bookings worth $4.97 billion, marking a 24.1% rise over the prior quarter.
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.
A postal ballot notice was issued on June 23, 2025, to seek shareholder consent for the fundraise via remote e-voting.
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