Pace Digitek Limited , a Bengaluru-based telecom and energy infrastructure solutions provider, has reported a strong start to the fiscal year, with notable growth in profit after tax (PAT) and a significant order win in the Battery Energy Storage System (BESS) sector.

Financial Performance

In the first quarter, Pace Digitek demonstrated resilient growth:

The company's telecom segment continued to be the primary revenue driver, contributing ₹3,421.19, while the energy segment added ₹249.61 to the total revenue.

Strategic Developments

Major BESS Order

Pace Digitek has secured a significant order from Solar Energy Corporation of India (SECI) for a 600 MW/1,200 MWh Battery Energy Storage System (BESS) project. The order, valued at ₹1,159 crore, includes supply and commissioning of the BESS system along with a 10-year service contract.

IPO Success and Market Debut

The company recently completed its Initial Public Offering (IPO), raising ₹819.15 crore. Pace Digitek's shares were listed on both BSE Limited and NSE Limited, debuting at ₹226.85, a premium of approximately 4% over the issue price.

Expansion Plans

Pace Digitek plans to deploy ₹630 million into its subsidiary, Pace Renewable Energies, to support the MSEDCL BESS project. This project involves the installation of 750 MW of storage across 75 substations in Maharashtra.

Management Commentary

Mr. Venugopal Rao M, Managing Director of Pace Digitek Limited, commented on the quarter's performance: "We are pleased to report another quarter of resilient growth and strategic advances at Pace Digitek. Our consolidated revenue from operations stood at ₹3,670.79 million, driven by robust activity across both telecom and energy segments. With a strong order pipeline, prudent financial discipline, and ongoing investments in next-gen infrastructure, Pace Digitek is well poised to capture new opportunities and deliver lasting shareholder value."

Future Outlook

Pace Digitek is positioning itself as a leader in India's renewable energy infrastructure. The company is pivoting from telecom-centric operations to a balanced portfolio with a target of close to 50% renewable energy share. By building nationwide capabilities in battery storage, Pace Digitek affirms its commitment to sustainability and energy security.

The successful IPO and recent BESS order win underscore the market's confidence in Pace Digitek's business fundamentals and long-term growth strategy. As the company continues to expand its presence in the energy storage sector, it is well-positioned to benefit from India's push towards renewable energy and grid modernization.

Pace Digitek Limited , a leading player in the digital technology sector, has announced its unaudited financial results for the first quarter ended June 30, 2025, showcasing significant growth across key financial metrics.

Financial Highlights

Key Takeaways

Robust Revenue Growth

Pace Digitek witnessed a solid increase in total income, with standalone figures rising by 7.69% year-over-year (YoY) to ₹3,396.65 million. The consolidated revenue also showed a healthy growth of 7.28% YoY, reaching ₹3,670.79 million.

Remarkable Profit Surge

The company's standalone profit after tax more than doubled, showcasing an impressive 106.73% YoY growth to ₹510.40 million. This substantial increase in profitability underscores the company's operational efficiency and strong market position.

Improved Earnings Per Share

The basic earnings per share (EPS) on a standalone basis saw a significant uptick, rising from ₹1.65 in Q1 FY25 to ₹2.86 in Q1 FY26, marking a 73.33% increase.

Consolidated Performance

On a consolidated basis, Pace Digitek reported a 10.26% YoY increase in profit after tax, reaching ₹546.98 million, indicating strong performance across its subsidiaries and group companies.

The Board of Directors approved these results on October 25, 2025. As per regulatory requirements, Pace Digitek published these results in Economic Times (English) and Udayakala (Kannada) newspapers on October 27, 2025.

The company's strong Q1 performance sets a positive tone for the fiscal year 2025-26, reflecting its resilience in the dynamic digital technology landscape. These results may be viewed as indicative of Pace Digitek's robust business model and effective execution of its growth strategies.