Stock Market today; BSE SME stock Rajesh Power Services has gained 20% in one month. The company recently reported FY25 net profit growth of 258% year over year to Rs. 93.36 crore. Do you own?.
For the second half or six months ended March 2025, BSE SME stock Rajesh Power Services in comparison to the net profit of Rs. 28.16 crore reported in the first half of the fiscal year (April 2024 to September 2024), the company declared a net profit of Rs. 65.2 crore during the October to March 2025 quarter, a 131% increase. The overall income or revenues from Operation for the second half of FY 2024–25 was Rs. 792.89 crore, which represented a 146% increase over the Rs. 321.77 crore total income for the first half of FY 2024–25.
In November 2024, Rajesh Power Services had raised Rs. 160.50 crore through its first public offering (IPO). The IPO includes an offer for sale of Rs. 67 crore and a fresh issue of Rs. 93.47 crore.
On December 02, 2024, the company's shares went public or were listed on the BSE SME exchange.
Meanwhile for the year as a whole Rajesh Power Services, an Ahmedabad-based company that consults state transmission and distribution companies, private utilities, and industries, reported a net profit of Rs. 93.36 crore for the fiscal year 2024–2025 that ended in March 2025. This represents a 258% year-over-year increase from the net profit of Rs. 26.02 crore for the fiscal year 2023–2024.
The company's overall revenue in FY2024–2025 increased by nearly 277% year over year to Rs. 1114.66 crore, compared to Rs. 295.06 crore in FY2023–2024.
At Rs. 2,358.17 crore, Rajesh Power Services Limited had a healthy order book that showed the company's strong business pipeline and included projects to be completed over the following three fiscal years. The company specializes in providing consulting services, operation and maintenance, and full project execution, especially in the power utility industry.
BSE SME stock Rajesh Power Services share price while had risen more than 22% in a month, however compared to the Issue Price of ₹ ₹319 - ₹335 per share for the IPO, the Rajesh Power Services share price has risen multifolds
One of the specialist Engineering, Procurement & Construction (EPC) firms in the Power Transmission & Distribution Sector Rajesh Power Services Ltd or RPSL. RPSL offers its services in a number of verticals, such as construction of distribution systems, extra high voltage power cables and transmission lines, turnkey execution of GIS substations, and AIS substations.
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