Rajesh Power Services Limited Announces Q1 FY26-27 Business Updates and Major Project Wins
Rajesh Power Services Limited (RPSL), a prominent specialized Engineering, Procurement, and Construction (EPC) contractor in the power transmission and distribution sector, has reported its business updates for the first quarter of fiscal year 2026-27. The company’s performance for the period ending June 30, 2026, highlights significant operational activity and expansion into new regions.The company reported the following revenue figures for the quarter:
| Particulars | Q1 FY26-27 (unaudited) |
|---|---|
| Revenue from Operations | Rs 436.62 crores |
As of June 30, 2026, the unexecuted order book for RPSL stands at Rs 3,741.79 Crores (including L1).
RPSL secured significant contracts in both the transmission and distribution segments during this period. The company marked its entry into Odisha with a major project win in the transmission segment from the Odisha Power Transmission Corporation Limited (OPTCL) valued at ₹211.68 Crore (including taxes). This contract involves the construction of a 220 kV underground transmission cable connecting the Grid Substation (GSS) at Mendhasal with the Gas Insulated Substation (GIS) at Chandaka B. The scope also includes the extension of the Air Insulated Substation (AIS) bay at Mendhasal and the Gas Insulated Substation (GIS) bay at Chandaka B.
In addition, the company secured a contract from Paschim Gujarat Vij Company Limited (PGVCL) for ₹653.12 Crores (including taxes) regarding underground power distribution projects. This scope involves the conversion of existing 11kV High Tension (HT) Line and Low Tension (LT) Line networks into an Underground Cable Network with a Ring Main System, including GIS mapping and asset tagging at Bhavnagar, Anjar, Junagadh, and Porbandar circles in Gujarat.
The company also provided an update regarding its credit rating. The Long Term Rating from CRISL is A- with a Positive outlook. This reflects a revised outlook from Stable while the rating itself was reaffirmed.
Stock Price Movement
As of 10:25, Rajesh Power Services Ltd shares are edging higher to ₹847.00, up 0.04%. The stock has fluctuated between a low of ₹844.30 and a high of ₹858.00 during today's session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.