Telge Projects Limited, a structural engineering services company, announced its unaudited financial results for the third quarter ended December 31, 2025, demonstrating robust performance across both standalone and consolidated operations. The Board of Directors approved these results in their meeting held on February 9, 2026.

Strong Revenue Growth Driven by International Projects

The company delivered exceptional consolidated performance with revenue growing by 71.49% to ₹908.24 lakhs compared to ₹529.61 lakhs in the corresponding previous period. This growth was primarily attributed to increased execution of international detailing projects, reflecting the company's expanding global footprint.

Improved Profitability and Operational Efficiency

The company's profitability metrics showed significant improvement during the quarter. Consolidated net profit surged to ₹82.67 lakhs from ₹22.38 lakhs in the previous year, while EBITDA increased to ₹151.28 lakhs compared to ₹80.10 lakhs in the corresponding previous period. On a standalone basis, net profit grew to ₹52.00 lakhs from ₹34.55 lakhs.

Strong Balance Sheet Position

Telge Projects maintained a robust financial position with consolidated shareholders' funds increasing substantially to ₹3,906.41 lakhs as of December 31, 2025, compared to ₹1,218.61 lakhs as of March 31, 2025. The company's share capital expanded to ₹979.01 lakhs from ₹102.80 lakhs, reflecting the successful IPO completion.

IPO Proceeds Utilization

The company completed its Initial Public Offer in September 2025, allotting 25,94,400 equity shares at ₹105 per share, raising ₹2,724.12 lakhs. After issue expenses of ₹277.83 lakhs, net proceeds stood at ₹2,446.29 lakhs. As of December 31, 2025, the company had utilized ₹251.52 lakhs, with ₹2,194.77 lakhs remaining for planned purposes.

Global Operations and Subsidiaries

The consolidated results include the parent company and its international subsidiaries: Telge Projects INC (USA), Midwest Detailing LLC (USA), and Draftco INC (USA). The company manages foreign currency exposure through natural hedges and periodic management review, with foreign currency assets of ₹463.70 lakhs and liabilities of ₹665.69 lakhs as of December 31, 2025.

Telge Projects Limited, listed on the SME Platform of BSE Limited since October 3, 2025, continues to focus on structural engineering services as its primary business segment. The company's strong quarterly performance reflects its successful expansion strategy and growing international presence in the detailing projects market.

Telge Projects Limited has announced the appointment of Churchgate Advisory Private Limited as its Investor Relations Agency, marking a significant step in strengthening its investor communication framework. The appointment became effective from December 3, 2025, as communicated to the Bombay Stock Exchange on December 12, 2025.

Regulatory Compliance and Communication

The company made this announcement in strict adherence to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), 2015, which mandates listed companies to disclose material events and information that could impact investor decisions. The formal communication was addressed to the Listing Manager of the Bombay Stock Exchange Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Appointment Details

The key details of this corporate development are outlined below:

Company Information

Telge Projects Limited operates under the BSE scrip code 544544 with the ISIN code INE0SRP01014 and trading symbol TELGE. The company secretary and compliance officer, Barkha Bharuka, signed the official communication to the exchange, ensuring proper corporate governance protocols were followed.

Strategic Implications

The appointment of a dedicated investor relations agency reflects Telge Projects Limited's commitment to maintaining transparent and effective communication with its stakeholder community. Professional investor relations services typically encompass investor communication strategies, financial reporting support, and stakeholder engagement activities that help listed companies maintain strong relationships with their investor base.