Bajel Projects Ltd, a Bajaj Group company, has declared its results for the quarter and financial year ended 31st March 2025. For the fourth quarter of FY’25, the Company achieved a total income of Rs. 808.03 Cr. as against Rs. 507.23 Cr., a growth of 59% over the corresponding quarter of the previous year. For the quarter, the EBITDA stood at Rs 27.33 Cr. as against Rs. 25.91 Cr. in the corresponding quarter of the previous year.
Bajel Projects achieved robust growth with an increase in annual total income, reaching Rs. 2,629.13 Cr., representing a growth of more than 2x compared to Rs. 1,194.51 Cr. the previous year. This expansion in the top line was supported by improved operational efficiency, resulting in a healthy EBITDA of Rs. 90.17 Cr. for the entire financial year.
Commenting on the results, Mr. Rajesh Ganesh, MD & CEO, Bajel Projects Ltd. said, “Our performance this year underscores the enduring spirit and focused effort of our team. We achieved total revenue from operations of Rs. 2,598 Cr. in FY 24- 25 as compared to Rs. 1,169 Cr. last year, a growth of more than 2x. Our PAT stood at about Rs. 15.5 Cr. compared to about Rs. 4 Cr. in the same period last year. Our EBITDA margin for the financial year stands at 3.43%, a 44 bps increase over the last year. This year’s financial performance is a clear indicator of our strengths in effective and efficient project execution”.
About Bajel Projects Limited
Bajel Projects Limited (Bajel) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. Bajel was formerly part of Bajaj Electricals Limited under the EPC segment and is powered by the same beliefs and values that have guided its growth for the last 2 decades at Bajaj Electricals Ltd. Being part of Bajaj group, Bajel is known for its project management skills and driving operational excellence, making it a preferred partner for several states, national and international utilities and private infrastructure players.
