Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results (Standalone and Consolidated)
Date of Board Meeting / Approval: August 11, 2026
Audit Opinion: Unmodified opinion (clean)
Auditor's Comment: Emphasis of Matter regarding Suyog Urja Limited's customer advance of ₹1,861 lakhs and corresponding WIP of ₹923.14 lakhs. Minutes of Meeting approved post-quarter end for settlement.
Key Financial Highlights [Amounts in ₹ Lakhs]
Standalone Results:
Revenue From Operations: ₹24,583.13 (Q1 FY27) vs ₹23,241.06 (Q1 FY26) - +5.8% YoY
Total Income: ₹25,512.15 (Q1 FY27) vs ₹24,252.68 (Q1 FY26)
Net Profit: ₹3,575.00 (Q1 FY27) vs ₹4,077.69 (Q1 FY26) - -12.3% YoY
EPS: Basic and Diluted ₹2.04 (Q1 FY27) vs ₹2.32 (Q1 FY26)
Other Equity: Not specified for current quarter
Consolidated Results:
Revenue From Operations: ₹35,918.35 (Q1 FY27) vs ₹24,092.02 (Q1 FY26) - +49.1% YoY
Total Income: ₹36,518.24 (Q1 FY27) vs ₹24,919.27 (Q1 FY26)
Net Profit: ₹4,521.25 (Q1 FY27) vs ₹4,248.05 (Q1 FY26) - +6.4% YoY
Net Profit Attribution: Owners of Parent: ₹3,982.66; Non-Controlling Interest: ₹538.59
EPS: Basic ₹2.27, Diluted ₹2.27 (Q1 FY27) vs Basic ₹2.39, Diluted ₹2.39 (Q1 FY26)
Other Equity: ₹105,717.72 (as of March 31, 2026)
Segment-wise Performance [Amounts in ₹ Lakhs]:
The Group has two reportable segments:
1) EPC Construction Segment:
- Revenue: Not separately specified but included in total ₹35,918.35
- Segment Results: ₹6,502.01 profit
- Segment Assets: ₹253,083.10
- Segment Liabilities: ₹121,310.49
2) Sale of Renewable Energy Segment:
- Revenue: Not separately specified but included in total ₹35,918.35
- Segment Results: ₹196.04 profit
- Segment Assets: ₹19,001.96
- Segment Liabilities: ₹17,919.73
Total Segment Revenue: ₹35,918.35
Total Segment Results: ₹6,698.05
Inter-segment Revenue: None
Corporate Actions:
Dividend: Not declared
Share Split/Bonus/Buyback: Not specified
Capital Raising: Not specified for current quarter
Other Significant Information:
Acquisitions during quarter:
1. EIE Renewables Private Limited acquired 49% equity shares of an unspecified company (with agreement for remaining 51% within 60 days of BESS project COD) on April 21, 2026
2. EIE Renewables Private Limited acquired 51% equity shares of Suyog Urja Limited on April 28, 2026 (with remaining 49% to be acquired at future date)
New Subsidiaries formed:
1. Varanasi DDU Nagar STP Private Limited (wholly-owned, incorporated June 16, 2026)
2. Varanasi Lohta DDU Nagar STP Private Limited (wholly-owned, incorporated June 16, 2026)
Exceptional Items: Recovered ₹0.99 lakh in respect of cyber fraud that occurred in previous financial years. Cumulative recovery against cyber fraud aggregates to ₹241.19 lakhs as of June 30, 2026.
Business Operations: Group primarily engaged in infrastructure development in water treatment plants and renewable energy sector, including EPC projects and BOO model renewable energy plants.
Entities in Consolidation: Includes 6 subsidiaries, 5 step-down subsidiaries, and 6 joint operations