PSP Projects Reports 20% Revenue Growth in Q2FY26, Order Book Reaches ₹9,883 Crore
PSP Projects Limited reported strong Q2 FY 2025-26 results with net profit increasing 59% to ₹162.00 million and revenue rising 20% to ₹694.00 crore year-over-year. The company's order book grew 51% to ₹9,883.00 crore, with Adani projects comprising 56%. PSP Projects received order inflows of ₹3,185.00 crore and maintains a debt-equity ratio of 0.29 times. Adani Infra acquired a 34.41% stake in the company, becoming a promoter.

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PSP Projects Limited , a leading construction company, has reported a robust financial performance for the second quarter of the fiscal year 2025-26. The company's consolidated results show significant growth in both revenue and profitability, underlining its strong market position and operational efficiency.
Financial Highlights
| Metric | Q2 FY 2025-26 | Q2 FY 2024-25 | YoY Change |
|---|---|---|---|
| Net Profit | ₹162.00 million | ₹102.00 million | +59.00% |
| Revenue | ₹694.00 crore | ₹578.33 crore | +20.00% |
PSP Projects has demonstrated impressive growth, with its net profit surging by 59.00% year-over-year to ₹162.00 million in Q2 FY 2025-26, up from ₹102.00 million in the same quarter last year. This substantial increase in profitability showcases the company's ability to enhance its bottom line effectively.
The company's top-line performance was equally strong, with revenue climbing to ₹694.00 crore, marking a 20.00% increase from the corresponding quarter of the previous fiscal year. This growth in revenue indicates PSP Projects' success in securing and executing new projects, as well as potentially benefiting from improved market conditions in the construction sector.
Operational Performance and Order Book
PSP Projects reported a significant quarter-over-quarter increase of 35% in revenue. For the half-year period, revenue stood at ₹1,206.00 crore, showing a modest 1.38% yearly growth.
The company's order book reached ₹9,883.00 crore as of September 30, 2025, representing a substantial 51% growth compared to the previous year. Notably, Adani projects comprise 56% of the current order book, while non-Adani projects account for the remaining 44%. During the period, PSP Projects received order inflows of ₹3,185.00 crore.
Notable Achievements and Corporate Developments
PSP Projects achieved a world record by completing a continuous concrete pour of 24,000 cubic meters in 54 hours for the Vishv Umiya Dham Temple foundation in Ahmedabad, showcasing its technical prowess and project execution capabilities.
In a significant corporate development, Adani Infra has acquired a 34.41% stake in the company and is now classified as a promoter. This strategic investment could potentially open up new opportunities for PSP Projects in the infrastructure sector.
Financial Stability
The company maintains a debt-equity ratio of 0.29 times, indicating a strong financial position and conservative leverage. PSP Projects currently has 63 ongoing projects and has completed 248 projects to date, demonstrating its extensive experience and project execution track record.
Conclusion
PSP Projects' robust Q2 performance and growing order book set a positive tone for the company. Its ability to secure new orders, maintain a diverse project portfolio, and achieve significant growth in both revenue and profitability reinforces its position as a key player in the Indian construction industry. The company's growing order book, strategic partnerships, and financial stability provide a solid foundation for its operations in the construction sector.
Historical Stock Returns for PSP Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.11% | -0.59% | +18.71% | +46.08% | +51.58% | +135.17% |






































