Bajel Projects Limited, part of the Bajaj Group, has announced its financial results for the quarter ended 30 June 2025. The company posted revenue from operations of approximately ₹608 crore in Q1 FY2025-26, up 19% from ₹512 crore in the same quarter last year.
EBITDA for the quarter stood at around ₹25 crore, marking a 33% rise from ₹19 crore in the corresponding period of the previous year. EBITDA margin improved to 4% from 3.6% year-on-year, reflecting operational efficiency gains despite continued pressure from finance costs.
Highlighting the company’s operational milestones, Rajesh Ganesh, Managing Director & CEO, said “Our focus remains firmly on timely and quality project execution. During the quarter, we successfully completed major transmission line projects in Raichur, Jeypore–Jagdalpur, and Gurgaon. We are working closely with financial partners to address cost pressures while driving productivity and delivering value to our stakeholders.”
Bajel Projects is a prominent player in India’s power infrastructure sector, with strong capabilities in both transmission and distribution. Formerly the EPC division of Bajaj Electricals Limited, the company brings over two decades of experience, anchored in the Bajaj Group’s legacy of engineering excellence and execution capability. Recognised for its project management expertise, Bajel serves state, national, and international utilities, as well as private infrastructure developers, reinforcing its position as a trusted partner in the sector.
Bajel Projects Limited is a key player in the power infrastructure sector, with expertise in power transmission and distribution. Formerly operating under the EPC segment of Bajaj Electricals Limited, Bajel has continued to uphold the legacy and values of the Bajaj Group. Known for its project management proficiency and operational excellence, Bajel is a trusted partner for state and national utilities, international clients, and private infrastructure developers.
