Bondada Engineering Ltd (BEL) has announced the successful commissioning of 56.9 MW of solar power projects for Paradigm IT and MAHAGENCO across multiple clusters located in Hingoli, Dhule, Sambhajinagar, and Jalgaon (Maharashtra) as of Oct. 31, 2025.
The company said these projects were completed on schedule despite challenging monsoon conditions. With this latest commissioning, Bondada’s cumulative installed capacity has surpassed 1 GW milestone.
Bondada Engineering recently reported strong financial results for the half year ended September 30, 2025. The company achieved a 153% increase in consolidated revenue and a 151% rise in profit after tax (PAT) on a half-on-half basis, driven by robust project execution and operational excellence.
On a consolidated basis, Bondada Engineering Ltd achieved a total revenue of INR 1,216 crore, an EBITDA of INR 143.03 crore, and a Profit After Tax (PAT) of INR 92.56 crore. The company’s order book stood at INR 5,989 crore. Renewable energy contributed 78% (INR 955 crore) to the total revenue.
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