Telge Projects reported a 48% year-on-year increase in standalone net profit to ₹118.33 lakh for the quarter ended June 30, 2026, driven by higher execution of projects and expanded business operations. On a consolidated basis, the company posted a net profit of ₹282.63 lakh for the same period. The board approved the unaudited financial results and appointed Ms. Namrata Bang as Company Secretary and Compliance Officer during its meeting on July 16, 2026.

Financial Performance

The standalone revenue from operations for Q1FY26 stood at ₹739.82 lakh, up from ₹483.43 lakh in the corresponding quarter of the previous year. Total income increased to ₹769.11 lakh. Expenses for the quarter totaled ₹610.98 lakh, with employee benefit expenses accounting for ₹375.56 lakh. The profit before tax for the standalone entity was ₹158.13 lakh.

On a consolidated level, revenue from operations surged to ₹1705.10 lakh from ₹849.35 lakh in Q1FY25. Total consolidated income reached ₹1734.39 lakh. Total expenses were reported at ₹1345.07 lakh. The profit before tax for the group was ₹389.32 lakh, resulting in a net profit of ₹282.63 lakh after accounting for minority interest.

Operational Highlights

The company attributed the revenue growth to increased project execution and strengthened delivery capabilities. Telge Projects operates in a single business segment, Structural Engineering Services. The financial statements were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

The following table details the standalone and consolidated financial performance for the quarter ended June 30, 2026:

Board Appointments

On the recommendation of the Nomination and Remuneration Committee, the board appointed Ms. Namrata Bang as Company Secretary and Compliance Officer effective July 16, 2026. Ms. Bang is a qualified Company Secretary with prior experience at KPN & Associates, specializing in corporate laws and secretarial compliances.

IPO Fund Utilisation

The company, which listed on the SME Platform of BSE Limited, had raised net proceeds of ₹2446.29 lakh via its Initial Public Offer. As of June 30, 2026, the company utilised ₹781.17 lakh of the proceeds, leaving a balance of ₹1665.12 lakh. Funds were utilised for capital expenditure, hiring manpower, and general corporate purposes.

Telge Projects Ltd approved amendments to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information on July 16, 2026. The Board of Directors sanctioned the changes to align with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The revised policy strengthens internal controls to prevent the sharing of unpublished price sensitive information (UPSI) and establishes a framework for inquiries into leaks.

The amended code mandates the prompt public disclosure of UPSI that impacts price discovery as soon as credible information becomes available. It ensures uniform dissemination of such information to avoid selective disclosure. The policy requires the Chief Investor Relation Officer (CIO) to promptly intimate the Board, stock exchanges, and SEBI regarding any actual or suspected leaks of UPSI.

In the event of a leak, an Inquiry Committee will be constituted by the Board to conduct preliminary investigations. The committee must include the Managing Director, Chief Financial Officer, and Chief Investor Relation Officer. The policy grants the committee powers to collect evidence, restrict access to systems, and initiate disciplinary actions against individuals found guilty of violating the code.

The document defines UPSI to include periodical financial results, dividend declarations, changes in capital structure, mergers, and major expansion plans. It also specifies the duties of the CIO, which include overseeing compliance and ensuring that information shared with analysts is not UPSI. The policy will be available on the company's website under the Investors Section.