BCPL Railway Infrastructure Limited has announced its selection as the lowest bidder (L1) for two electrical infrastructure projects from Eastern Railway divisions, marking significant business developments for the railway infrastructure specialist. The company disclosed this information through a regulatory filing dated February 17, 2026, under Regulation 30 compliance.

Project Details and Scope

The company has secured lowest bidder status for two distinct projects across different Eastern Railway divisions. The projects encompass critical electrical infrastructure maintenance and upgrades essential for railway operations.

Technical Specifications and Work Nature

The Sealdah Division project involves comprehensive 25 KV PSI (Power Supply Installation) and allied electrical works, specifically focusing on replacing overaged capacitor banks at Titagarh/FP and Sonarpur/FP locations along with associated PSI works. The Howrah Division project centers on 25 KV OHE (Overhead Equipment) work for replacing old guy rod assemblies, which are critical components for maintaining overhead electrical infrastructure stability.

Contract Status and Timeline

Both projects remain in the preliminary award stage, with formal contracts yet to be received by BCPL Railway Infrastructure Limited. The execution timelines for both projects will be finalized upon receipt of the Letter of Acceptance from respective railway divisions.

Regulatory Compliance and Business Impact

The company has confirmed that both projects fall within its normal course of business operations and do not involve any related party transactions. The projects are awarded by domestic entities, specifically Eastern Railway divisions, and involve no promoter group interests. The combined project value of Rs. 76.299 million represents significant business acquisition for the railway infrastructure specialist, reinforcing its position in the electrical infrastructure segment of railway projects.

BCPL Railway Infrastructure Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, approved by the Board of Directors at their meeting held on January 29, 2026. The railway infrastructure company reported mixed performance with profit growth despite revenue decline.

Quarterly Financial Performance

The company's standalone financial results for Q3FY26 showed contrasting trends in profitability and revenue metrics:

Despite the significant revenue decline, the company managed to improve its bottom line through better cost management. Total expenses decreased to ₹1,373.36 lakhs from ₹2,884.98 lakhs in the corresponding quarter last year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, BCPL Railway Infrastructure demonstrated resilient profitability:

The nine-month results reflect the company's ability to maintain profitability margins despite lower revenue generation, with profit after tax growing by 27.66% year-on-year.

Segment-wise Business Performance

The company operates primarily in Railways Overhead Electrification segment, which contributed the entire revenue for the quarter. The segment results showed:

• Q3FY26 Segment Revenue: ₹1,629.42 lakhs
• Q3FY26 Segment Results: ₹308.83 lakhs
• Nine-month Segment Revenue: ₹7,033.31 lakhs
• Nine-month Segment Results: ₹1,163.93 lakhs

The Merchant Exports segment remained inactive during the current quarter, with no revenue contribution.

Board Decisions and Corporate Governance

The Board of Directors approved several key decisions during their meeting on January 29, 2026:

Mr. Mukherjee brings extensive expertise in banking, finance, credit management, and corporate governance to the board.

Financial Position and Capital Structure

The company maintained a stable capital structure with paid-up equity share capital of ₹1,672.36 lakhs, consisting of shares with face value of ₹10 each. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors L.B. Jha & Co. LLP.

BCPL Railway Infrastructure's Q3FY26 results demonstrate the company's operational resilience, achieving profit growth despite revenue challenges in the railway infrastructure sector.