PSPPROJECT PSP Projects Q2 FY26 results (Jul–Sep 2025) and concall
PSP Projects Limited reported a strong Q2 FY26 with revenue up 20% YoY to ₹694 crores and net profit up 33% to ₹15 crores, driven by improved execution post-monsoon and Adani project mobilization. The order book grew 51% YoY to ₹9,883 crores, with ₹4,011 crores in new orders this quarter. However, working capital days increased due to stretched government receivables and higher ECL provisions, while some projects face land acquisition delays.
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What they filed
Q2 FY26: revenue up 20.0%, net profit up 60.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 586 | 630 | 673 | 518 | 703 +20% |
| EBITDA | 38 | 36 | 32 | 25 | 50 +32% |
| Net profit | 10 | 5 | 6 | 0 | 16 +60% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
