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Desco Infratech Limited
10 articles
Desco Infratech concluded a strong fiscal year 2026, reporting a 99% increase in revenue to ₹119 crore and an 81% rise in profit after tax to ₹16.4 crore, driven by diversification into power distribution and solar EPC. The company secured a ₹166.69 million pipeline replacement contract from ONGC, bolstering its order book to ₹345 crore, primarily within the city gas distribution sector. Desco is pursuing aggressive growth, targeting ₹1,000 crore in revenue by 2030, and has expanded internationally with a new UAE subsidiary, alongside recent promoter activity with Pankaj Desai acquiring a significant stake through a gift.
Desco Infratech Emerges L1 Bidder for Gujarat Gas Project
Desco Infratech Ltd announced it emerged as L1 bidder for Gujarat Gas Ltd's PE pipeline laying and PNG connections tender in Surat and Hazira.
The project scope includes PE pipeline laying, developmen
Desco Infratech Emerges L1 Bidder for SGL Gas Pipeline
Desco Infratech Ltd emerged as L1 bidder for Sabarmati Gas Ltd's steel gas pipeline project across multiple GAs in Gujarat.
Project scope includes laying, testing & commissioning of 4, 6 & 8-inch dia
Desco Infratech Receives Rs 166.69 Million ONGC Contract
Desco Infratech received a Notification of Award from ONGC for a Rs 166.69 million pipeline replacement project.
The contract involves replacing 24-inch crude oil transfer pipelines from ONGC's Tromba
Desco Emerges L1 Bidder for ONGC Pipeline Project
Desco Infratech disclosed under SEBI Reg. 30 that it emerged as L1 bidder for ONGC's crude oil pipeline replacement project.
The project involves replacing 24-inch pipelines from ONGC Trombay Terminal
Desco Infratech Appoints Aristos Advisory as IR/PR Agency
Desco Infratech appointed M/S. Aristos Advisory as its Investor and Public Relations Agency effective May 11, 2026.
The appointment was intimated to BSE Limited pursuant to SEBI Listing Regulations Re
Desco Infratech FY26 Revenue Jumps 99% to ₹119 Cr
Desco Infratech reported a 99% YoY revenue surge to ₹118.79 crore and an 81% PAT growth to ₹16.38 crore for FY26.
The company diversified into power distribution and solar EPC, contributing ₹35.37 cro
Desco Infratech FY26 Operational Metrics Show Growth
• Desco Infratech reported 15.04% growth in meter installations to 50,031 units in FY25-26.
• O&M activities more than doubled to 23 projects while AMC services grew 49.22% to 228,197 activities.
• Co
Desco Infratech FY26 Investor Presentation Highlights
• Desco Infratech Limited submitted its FY26 investor presentation to BSE under SEBI Listing Regulations.
• The company has a diversified infrastructure business across CGD, power, water, and renewabl
Desco Infratech FY26 Net Profit Up 81% YoY
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 Energi
Pankaj Desai Acquires 31.04% Desco Infratech via Gift
Pankaj Pruthu Desai acquired 23.82 lakh shares (31.04% stake) in Desco Infratech via an off-market gift from his mother, Indiraben Desai.
The transaction, executed on 07.04.2026, is an inter-se promot