Desco Infratech reported audited FY26 results with revenue surging 99.28% YoY to ₹11,879.26 lacs and net profit up 80.87% to ₹1,638.12 lacs.
The company completed acquisition of Shri Green Agro Energies and incorporated a UAE subsidiary, DESCO GLOBAL FZ-LLC, for international expansion.
Operating cash flow was negative ₹1,795.97 lacs due to increased working capital deployment for project mobilization and receivables.
City Gas Distribution segment remained key driver with ₹8,324.04 lacs revenue and 15.42% PAT margin while Renewable EPC contributed ₹3,537.22 lacs.