Modern Engineering & Projects Limited Reports Strong Q1 Results with 96% Revenue Growth

2 min read Updated on 12 Aug 2025, 08:23 PM

Reviewed by

Jubin VergheseBy ScanX News Team

Overview

Modern Engineering & Projects Limited (MEPL) announced strong Q1 financial results with total revenue reaching ₹3,106.25 crore, a 96% increase year-over-year. Revenue from operations rose to ₹3,004.32 crore, up 107.3%. Profit for the quarter increased by 64% to ₹181.27 crore. The company's performance reflects robust growth across key financial metrics, indicating strong project execution and order book growth in the infrastructure sector. MEPL's operations span transportation engineering, civil construction, and various infrastructure projects, including significant joint ventures in road construction and water treatment.

*this image is generated using AI for illustrative purposes only.

Modern Engineering & Projects Limited (MEPL), a key player in infrastructure projects, has announced its unaudited financial results for the first quarter. The company has demonstrated robust growth across key financial metrics, showcasing its strong market position in the infrastructure sector.

Financial Highlights

Revenue Surge: MEPL reported a total revenue of ₹3,106.25 crore for Q1, marking a significant 96% increase from ₹1,585.15 crore in the same quarter last year.
Operational Performance: Revenue from operations saw a substantial rise to ₹3,004.32 crore, up from ₹1,449.19 crore year-over-year, indicating strong project execution and order book growth.
Profitability: The company's profit for the quarter stood at ₹181.27 crore, showing a 64% increase compared to ₹110.58 crore in the corresponding period last year.
Earnings Per Share: Basic and diluted earnings per share (EPS) were reported at ₹1.17, compared to ₹3.58 in the previous year's quarter.

Operational Overview

Modern Engineering & Projects Limited continues to strengthen its position in infrastructure development, focusing on:

Transportation engineering
Civil construction
Various infrastructure projects

The company's operations include three significant joint ventures:

MEPIDL-MCL-JV for road construction
Aquatech-MEPL-JV for the Khopoli Underground Sewerage Scheme
Aquatech-MEPL Nashik JV for water treatment projects

Financial Performance Breakdown

Particulars (₹ in Lakhs)	Q1 FY2026	Q1 FY2025	YoY Change
Revenue from Operations	3004.32	1449.19	+107.3%
Total Revenue	3106.25	1585.15	+96.0%
Operating Costs	2536.01	1170.13	+116.7%
Profit Before Tax	224.24	135.23	+65.8%
Profit for the Period	181.27	110.58	+63.9%

Management Commentary

While specific management comments were not provided, the financial results reflect MEPL's strong execution capabilities and the growing demand for infrastructure development in India. The company's involvement in diverse projects across road construction, sewerage systems, and water treatment demonstrates its versatility in the infrastructure sector.

Corporate Governance

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting. S K Patodia & Associates LLP, the company's statutory auditors, conducted a limited review of the financial results for the quarter, in compliance with SEBI regulations.

Conclusion

Modern Engineering & Projects Limited's Q1 results showcase a robust performance in the infrastructure sector. With nearly doubled revenue and significant profit growth, the company appears well-positioned to capitalize on India's ongoing infrastructure development initiatives. Investors and stakeholders will likely keep a close watch on MEPL's future projects and financial trajectory as it continues to shape the road ahead in the infrastructure domain.

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