Telge Projects Ltd Announces Q1 FY27 Financial Results and Key Leadership Appointment
Telge Projects Limited has announced its financial results for the quarter ended June 30, 2026. The company reported a net profit of 118.33 Lakhs on a standalone basis during this period. In addition to the financial updates, the company confirmed the appointment of Ms. Namrata Bang as the Company Secretary and Compliance Officer, effective July 16, 2026.The growth in revenue for the quarter was primarily driven by increased project execution, expansion of business operations, and a strengthening of delivery capabilities. The company operates in the structural engineering services segment.
Standalone Financial Performance
For the quarter ended June 30, 2026, Telge Projects Limited reported a total income of 769.11 Lakhs against total expenses of 610.98 Lakhs.| Particulars | Quarter Ended June 30, 2026 (Unaudited) |
|---|---|
| Revenue from operations | 739.82 Lakhs |
| Other Income | 29.29 Lakhs |
| Total Income | 769.11 Lakhs |
| Employee benefit expenses | 375.56 Lakhs |
| Finance Costs | 4.02 Lakhs |
| Depreciation and amortisation costs | 45.49 Lakhs |
| Software and subscription expenses | 95.25 Lakhs |
| Other expenses | 90.66 Lakhs |
| Total Expenses | 610.98 Lakhs |
| Net Profit | 118.33 Lakhs |
Consolidated Financial Performance
On a consolidated basis, the Group reported revenue from operations of 1705.10 Lakhs for the quarter ended June 30, 2026. The net profit for the period, after accounting for minority interests, stood at 282.63 Lakhs.| Particulars | Quarter Ended June 30, 2026 (Unaudited) |
|---|---|
| Revenue from operations | 1705.10 Lakhs |
| Other Income | 29.29 Lakhs |
| Total Income | 1734.39 Lakhs |
| Employee benefit expenses | 738.40 Lakhs |
| Finance Costs | 4.82 Lakhs |
| Depreciation and amortisation costs | 52.45 Lakhs |
| Software and subscription expenses | 115.90 Lakhs |
| Other expenses | 433.50 Lakhs |
| Total Expenses | 1345.07 Lakhs |
| Net Profit (After Minority Interest) | 282.63 Lakhs |
Management Appointments and IPO Utilization
Ms. Namrata Bang joins the company as Company Secretary and Compliance Officer. She is a qualified Company Secretary with experience in corporate laws, secretarial compliances, and corporate governance. Her professional background includes advising clients on compliance with corporate laws and managing statutory records.The company also provided details regarding the utilization of proceeds from its Initial Public Offering. The company raised 2,724.12 Lakhs during the year, with net proceeds totaling 2,446.29 Lakhs. These funds have been allocated toward capital expenditures, hiring of manpower, and corporate purposes.
| Description | Net Issue (Rs. in lakhs) | Utilised as on June 30, 2026 | Balance as on June 30, 2026 |
|---|---|---|---|
| Funding of Capital Expenditure (Computers, Software) | 243.69 | 243.69 | 0 |
| Hiring of Manpower | 417.96 | 52.95 | 365.01 |
| Investment in subsidiary for hiring Manpower | 485.50 | 42.14 | 443.36 |
| General corporate purposes | 404.14 | 404.14 | 0 |
| Acquisitions and other strategic initiatives | 500.00 | 38.25 | 461.75 |
Stock Price Movement
As of 12:06, Telge Projects Ltd shares are rallying to ₹166.40, up 4.98%. The stock is currently swinging between an intraday low of ₹150.65 and a high of ₹166.40.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.
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