Rajesh Power Services gains after bagging Rs 69-cr turnkey contract from UGVCL

The project includes GIS mapping/Geo Urja mapping, developed by GUVNL, and asset tagging under the ND scheme. The contract is domestic in nature and is to be executed within 12 months. The company stated that the promoter group has no interest in the awarding entity and that the contract does not fall under related-party transactions.

Rajesh Power Services is an engineering, procurement and construction (EPC) company operating in the power transmission and distribution sector. Its activities include turnkey execution of gas-insulated and air-insulated substations, extra-high-voltage power cables, transmission lines, distribution systems, and operation and maintenance services.

On a full-year basis, the company?s consolidated net profit surged 48.19% to Rs 143.20 crore, driven by a 51.85% rise in revenue from operations to Rs 1,627.94 crore in FY26 over FY25.

Powered by Capital Market - Live News