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 by securing a Rs 211.68 crore transmission project from Odisha Power Transmission Corporation Limited (OPTCL) for a 220 kV underground cable connecting Mendhasal GSS to Chandaka B GIS.
Rajesh Power secured Rs 653.12 crore worth of underground power distribution contracts from Paschim Gujarat Vij Company Limited (PGVCL) to convert overhead networks to underground cable with Ring Main Systems across four Gujarat circles.
CRISIL revised Rajesh Power's long-term rating outlook to 'Positive' from 'Stable', reaffirming its CRISIL A- rating.
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