Bondada Engineering Limited has announced the successful commissioning of 69.51 MWp of solar power projects during January 2026, marking a significant operational milestone for the renewable energy EPC contractor. The company informed BSE Limited about this achievement through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details and Geographic Spread

The commissioned solar power projects were executed for three major clients and span across multiple locations in two states:

Strategic Significance

This achievement underscores Bondada Engineering Limited's continued contribution to India's National Renewable Energy Mission. The successful and timely commissioning further reinforces the company's position as a reliable and scalable EPC partner in the renewable energy sector, demonstrating proven capabilities in executing large-scale projects across diverse geographies.

Execution Excellence

The projects were delivered through several key operational strengths:

• Disciplined execution methodology
• Strong technical expertise across multiple locations
• Strict adherence to quality and safety standards
• Seamless handover process
• Alignment with client expectations

Future Outlook

Going forward, Bondada Engineering Limited remains focused on expanding its renewable energy portfolio through consistent execution, robust governance, and operational excellence. The company aims to drive sustainable growth and long-term value creation for its stakeholders while maintaining its position in the competitive renewable energy EPC market.

The regulatory filing was signed by Sonia Bidlan, CS & Compliance Officer, confirming the operational update for stakeholders and the stock exchange.

Bondada Engineering Limited has delivered impressive financial results for the third quarter of FY26, showcasing significant growth across all key performance indicators. The company's Board of Directors approved the unaudited consolidated and standalone financial results for the quarter ended 31st December 2025 during their meeting held on 27th January 2026.

Consolidated Financial Performance

The company's consolidated performance for Q3FY26 demonstrates strong operational momentum across all business segments.

For the nine-month period ended 31st December 2025, the company maintained its growth trajectory with consolidated revenue from operations reaching ₹1,92,895.19 lakhs, representing a substantial 125.17% increase from ₹85,665.11 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹14,829.68 lakhs, up 140.25% from ₹6,171.20 lakhs.

Segment-wise Revenue Analysis

Bondada Engineering's diversified business model across three key segments contributed to the robust performance:

The EPC segment emerged as the primary growth driver, contributing ₹62,791.46 lakhs in Q3FY26 compared to ₹30,005.57 lakhs in Q3FY25. The Services and Products segments also showed positive growth, with Services revenue increasing to ₹3,976.18 lakhs and Products segment generating ₹4,460.33 lakhs.

Standalone Financial Results

The standalone financial performance equally reflected the company's strong operational efficiency:

For the nine-month period, standalone revenue from operations reached ₹1,78,280.99 lakhs, marking a 134.74% increase from ₹75,944.40 lakhs in the previous year. Standalone net profit for the nine-month period stood at ₹13,241.46 lakhs, up 135.19% from ₹5,630.19 lakhs.

Operational Efficiency and Cost Management

The company demonstrated effective cost management while scaling operations. Total expenses for Q3FY26 on a consolidated basis were ₹64,362.44 lakhs compared to ₹34,655.19 lakhs in Q3FY25. Key expense components included:

• Cost of material consumed: ₹30,916.20 lakhs
• Operating expenses: ₹28,417.51 lakhs
• Employee benefits expenses: ₹1,474.33 lakhs
• Finance costs: ₹1,391.90 lakhs

The company's profit before tax margin remained healthy at 10.22% for Q3FY26, demonstrating efficient operational management despite the significant scale-up in business activities.

Corporate Structure and Subsidiaries

Bondada Engineering operates through a comprehensive corporate structure comprising the holding company and ten subsidiaries. The subsidiary companies contributed revenues of ₹4,627.73 lakhs for Q3FY26 and ₹14,614.21 lakhs for the nine-month period ended 31st December 2025, after elimination of intercompany transactions. Key subsidiaries include Bondada Ecobuild Private Limited, Bondada E&E Private Limited, Atpole Technologies Private Limited, and Speck Systems Limited, among others.