Bajel Projects Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Solapur Transmission, (Project SPV Company of Torrent Power).

The contract includes EPC work of design, engineering, manufacturing, supply, erection, civil work, testing & commissioning work for establishment of 400/220 KV Solapur pooling station (New) & establishment of 400 KV Line Bays‐ 2 nos.(Power Grid Solapur).

The order will be complete in 15 months from the date of issuance of Letter of award.

Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment.

The company reported standalone net profit of Rs 3.65 crore in Q2 FY25 as compared with net loss of Rs 4.44 crore in Q2 FY24. Revenue from operations surged 231.29% to Rs 662.41 crore in Q2 FY25.

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Bajel Projects has been awarded a supply of Goods and Services contract by Solapur Transmission (a Project SPV Company of Torrent Power). The scope of the EPC work includes Design, Engineering, Manufacturing, Supply, Erection, Civil Work, Testing & Commissioning Work for Establishment of 400/220 KV Solapur PS (New) & Establishment of 400 KV Line Bays] 2 nos. (Power Grid Solapur), Solapur, Maharashtra

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Net profit of Bajel Projects reported to Rs 3.66 crore in the quarter ended September 2024 as against net loss of Rs 4.44 crore during the previous quarter ended September 2023. Sales rose 235.38% to Rs 651.77 crore in the quarter ended September 2024 as against Rs 194.34 crore during the previous quarter ended September 2023.

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Bajel Projects will hold a meeting of the Board of Directors of the Company on 14 November 2024

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