Now Reading: Bondada Engineering’s quarterly profit rises 29% year on year
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Bondada Engineering’s quarterly profit rises 29% year on year
Hyderabad based Bondada Engineering reported a 29% year on year rise in consolidated net profit to 53.94 crore rupees for the June quarter of financial year 2026-27, on revenue up 24% to…
Hyderabad based Bondada Engineering reported a 29% year on year rise in consolidated net profit to 53.94 crore rupees for the June quarter of financial year 2026-27, on revenue up 24% to 691.65 crore rupees, The Hindu reported. The company credited improved operational efficiency, disciplined cost management and the scale of its diversified business for the gain. Both figures fell against the March quarter, when profit stood at 62.88 crore rupees and revenue at 913.85 crore rupees. Bondada said its execution strength spans renewable energy, power infrastructure, telecom, engineering, procurement and construction, and other engineering services. Chairman and managing director Bondada Raghavendra Rao said accelerating Indian investment in these sectors leaves the company well positioned to capitalise on the opportunity, citing a robust project pipeline and expanding capabilities as the basis for its commitment to delivering sustainable growth for stakeholders.
Indian Opinion Analysis
Set beside a year ago, the quarter looks like solid growth, set beside the immediately preceding quarter, both profit and revenue actually fell, and no reason is given for either the March quarter's strength or the June quarter's softer showing. Rao's language about a robust pipeline and expanding capabilities is a statement of management confidence rather than a disclosed order book or delivery schedule, so it cannot on its own confirm that growth continues. Judging the company's trajectory from this alone would mean taking the year on year comparison at face value while setting aside the sequential decline sitting right next to it. Bondada's September quarter results, due next, will show whether the slide from March continues or reverses.
Source: www.thehindu.com
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