Rajesh Power Services reports Rs 437 crore Q1 revenue

Rajesh Power Services reported Q1 FY27 revenue of Rs 436.62 crore and an unexecuted order book of Rs 3,741.79 crore as of June 30, 2026.

The company entered Odisha with a Rs 211.68 crore transmission order from Odisha Power Transmission Corporation Limited (OPTCL) for a 220 kV underground cable project.

Rajesh Power secured Rs 653.12 crore in underground distribution contracts from Paschim Gujarat Vij Company Limited (PGVCL) for converting overhead lines to underground network across Bhavnagar, Anjar, Junagadh, and Porbandar circles.

CRISIL revised Rajesh Power's long-term rating outlook to 'Positive' from 'Stable', reaffirming its CRISIL A- rating.