Attention Investors
Kindly note the Change in PAY IN for BSE A/C No. : 1201250000000691 (CDSL), if you have an NSDL A/C, kindly use INTER DEPOSITORY SLIP. For assistance, please call OR contact: Mr. Dadu, 98339 89807 / 022-6145 1000.    |   Exchanges / Depository: Prevent Unauthorized Transactions in your Trading / Demat account --> Update your Mobile Numbers / email IDs with your Stock Brokers / Depository Participant. Receive alerts on your Registered Mobile / email IDs for trading account transactions and all debit and other important transactions in your demat account directly from Exchange / Depository on the same day ......................Issued in the interest of Investors."     |    KYC : "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."     |    ASBA-IPO : "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
 ««+1  ««-1
 
Patel Engineering soars on bagging orders worth Rs 798 crore     Back
(27 Nov 2025)
The mandates have been awarded by Saidax Engineers and Infrastructure for work carried out on behalf of South Eastern Coalfields. The combined project value stands at Rs 798.19 crore.

The scope covers overburden removal, rehandling, coal cutting with surface miners, loading and transportation of coal and the hiring and maintenance of all required equipment, staff and labour. The execution period is nine years.

The company confirmed that the orders are from a domestic entity and do not fall under related-party transactions.

Managing director Kavita Shirvaikar said: 'These new projects represents a natural extension of the large-scale infrastructure works we undertake and also open up new avenues. Importantly, these works come in addition to a robust tender pipeline of more than Rs 34,000 crore already bid and under evaluation, as well as further opportunities worth Rs 18,000 crore expected to come up for bidding before the end of this financial year. Looking ahead, nearly Rs 1 lakh crore of projects are anticipated to come up for bidding over the next one to two years in the core areas that we operate. With these opportunities, we are confident that our order book will grow substantially in the coming year and beyond.'

Patel Engineering operates in the hydropower, tunneling and irrigation segments. The company has executed projects in India and overseas, including more than 85 dams, 40 hydroelectric projects and over 300 km of tunneling for central PSUs and state government agencies.

On a consolidated basis, net profit of Patel Engineering declined 2.72% to Rs 71.05 crore while net sales rose 2.91% to Rs 1208.47 crore in Q2 September 2025 over Q2 September 2024.

Top