Suntech Infra Solutions reported revenue of ₹53 Cr for Q1FY27, reflecting a 52% year-on-year growth, driven by strong execution momentum across industrial and infrastructure projects. The company, engaged in civil construction and infrastructure services including piling and foundation work, maintained steady progress during the quarter while securing new orders worth ₹23 Cr. The order book stood at ₹185.45 Cr as of June 30, 2026, supported by a significant order pipeline of ₹700+ Cr.

Financial Performance

The company achieved healthy growth in the first quarter of the financial year 2026-27, leveraging its integrated model of project execution and owned equipment. This operational structure enables better control over timelines and costs, contributing to the financial improvement.

Key Business Highlights

Suntech Infra Solutions continued to strengthen its market position with a diversified client base that includes Larsen & Toubro (L&T), Adani, Tata Projects, HCL, Deepak Group, and IACL. The company focused on expanding its execution capabilities through efficient resource utilization and improved equipment deployment across multiple project locations.

Key developments during the quarter included the continued execution of previously secured high-value infrastructure contracts and new order wins across industrial, energy, and infrastructure segments. The company also reported strong progress on foundation and piling works for marquee customers.

Business Performance

The company's project portfolio spans Industrial & Chemical Plant Infrastructure, Power & Energy Sector Projects, Heavy Civil Construction Works, and Foundation & Ground Engineering Projects. This diversification provides revenue visibility while reducing dependence on any single customer or industry. The figures mentioned in the update are management estimates and are subject to final audit adjustments.

Suntech Infra Solutions has appointed M/s. VMSS & Associates as its internal auditor for the financial year 2026-2027 following the resignation of the previous auditor. The decision was taken during a board meeting held on July 15, 2026, ensuring continuity in the company's internal audit processes.

M/s. Mohit K Dixit & Associates resigned from the position of internal auditor effective from the close of business hours on July 15, 2026. The resignation was attributed to other pre-occupations and engagement in other professional assignments. The firm had been serving as the internal auditor prior to this change.

The new appointee, M/s. VMSS & Associates, is a firm of Chartered Accountants with experience in quality auditing, assurance, and taxation. The firm has provided its consent to act as internal auditor and is qualified and eligible for the appointment under the requirements of the Companies Act, 2013. The appointment is for a tenure of one year, covering FY 2026-2027, with remuneration as decided by the Board of Directors and the firm.

The changes were disclosed to the National Stock Exchange of India Ltd. in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made along with references to relevant SEBI circulars dated September 9, 2015, and July 2023.

Details of Auditor Change

The appointment of M/s. VMSS & Associates is in compliance with Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Accounts) Rules, 2014. There are no specific disclosures required regarding relationships between directors in this instance.