PSP Projects Ltd

PSP Projects announced that the 17th Annual General Meeting(AGM) of the company will be held on 27 September 2025.Powered by Capital Market - Live

Net profit of PSP Projects declined 98.79% to Rs 0.42 crore in the quarter ended June 2025 as against Rs 34.68 crore during the previous quarter ended June 2024. Sales declined 16.90% to Rs 517.76 crore in the quarter ended June 2025 as against Rs 623.06 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales517.76623.06 -17 OPM %4.7911.87 - PBDT17.6264.58 -73 PBT0.7347.84 -98 NP0.4234.68 -99 Powered by Capital Market - Live

PSP Projects will hold a meeting of the Board of Directors of the Company on 30 July 2025.Powered by Capital Market - Live

Net profit of PSP Projects declined 58.38% to Rs 6.46 crore in the quarter ended March 2025 as against Rs 15.52 crore during the previous quarter ended March 2024. Sales rose 0.77% to Rs 672.89 crore in the quarter ended March 2025 as against Rs 667.76 crore during the previous quarter ended March 2024. For the full year,net profit declined 54.12% to Rs 56.42 crore in the year ended March 2025 as against Rs 122.97 crore during the previous year ended March 2024. Sales rose 0.25% to Rs 2512.13 crore in the year ended March 2025 as against Rs 2505.79 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales672.89667.76 1 2512.132505.79 0 OPM %4.817.89 -7.1410.41 - PBDT27.3044.71 -39 152.52234.33 -35 PBT8.0524.77 -68 79.87169.46 -53 NP6.4615.52 -58 56.42122.97 -54 Powered by Capital Market - Live

PSP Projects will hold a meeting of the Board of Directors of the Company on 23 May 2025.Powered by Capital Market - Live

The project is to be completed within a period of 24 months. The company has confirmed that none of the promoters, members of the promoter group, or group companies have any interest in the entity from which the order has been received. Accordingly, the award does not fall under the scope of related party transactions. PSP Projects is a diversified construction company offering a wide range of services across industrial, institutional, government, and residential sectors. The company's consolidated net profit declined 83.8% to Rs 5.05 crore, while net sales dropped 10.6% to Rs 630.21 crore in Q3 FY25 compared to Q3 FY24. Shares of PSP Projects rose 0.13% to Rs 636.95 on the BSE. Powered by Capital Market - Live

PSP Projects has received a work order for 'Civil Structure and Finishes work for BIFC - 2 Building' for Brigade (Gujarat) Projects at GIFT City, Gandhinagar, Gujarat worth Rs 107.10 crore (excluding GST) in Institutional Category. The project is to be completed within a period of 24 months. Powered by Capital Market - Live

PSP Projects has received orders worth Rs 1764.12 crore. The details are given below: 1. City side Development at Ahmedabad Airport worth Rs 647.22 crore (excl. GST) from Adani Airport Holdings in Institutional Category. The project is to be completed within a period of 18 months. 2. Construction of Adani Medicity & Research Center at Ahmedabad worth Rs 411.72 crore (excl. GST) from Vitthal Mandir in Institutional Category. The project is to be completed within a period of 24 months respectively. 3. Construction of Residential Project at Shatigram, Ahmedabad worth Rs 139.93 crore (excl. GST) in from Adani Realty in Residential Category. The project is to be completed within a period of 22 months respectively. 4. Design and Construction of Leadership Guest House at Shatigram, Ahmedabad worth Rs 147.47 crore (excl. GST) from Adani Enterprises in Institutional Category. The project is to be completed within a period of 18 months respectively. 5. Construction of Airside and Landside Development work at Ahmedabad Airport worth Rs 223.47 crore (excl. GST) from Ahmedabad International Airport in Institutional Category. The project is to be completed within a period of 12 months respectively. 6. Design and Construction of Training Centre at Shantigram, Ahmedabad worth Rs 61.07 crore (excl. GST) from Adani Enterprises in Institutional Category. The project is to be completed within a period of 18 months respectively. 7. Development of Vishram Gruh at Asarva Civil Hospital Campus at Ahmedabad worth Rs 51.00 crore (excl. GST) from Sevadaan Arogya Foundation in Residential Category. The project is to be completed within a period of 20 months. With receipt of above orders, the total order inflow for the financial year 2024-25 till date amounts to Rs 3478.58 crore. Further, the company has emerged as Lowest Bidder (L1 Bidder) for Development of Street at Ahmedabad worth Rs 120.53 crore (Excl. GST). Powered by Capital Market - Live

The company stated that it secured the city-side development project at Ahmedabad Airport, worth Rs 647.22 crore, from Adani Airport Holdings, which is set to be completed within 18 months. The Adani Medicity & Research Center construction project, valued at Rs 411.72 crore from Vitthal Mandir, is scheduled for completion in 24 months. Additionally, a residential project at Shatigram, Ahmedabad, amounting to Rs 139.93 crore, from Adani Realty, is set to be completed in 22 months. The leadership guest house at Shatigram, Ahmedabad, worth Rs 147.47 crore, from Adani Enterprises, is set to be completed within 18 months. The Airside and Landside Development at Ahmedabad Airport, worth Rs 223.47 crore, from Ahmedabad International Airport, is slated for completion in 12 months. Lastly, a training center at Shantigram, Ahmedabad, valued at Rs 61.07 crore and awarded by Adani Enterprises, has an 18-month completion timeline. The company also mentioned that it will develop the Vishram Gruh at Asarva Civil Hospital Campus, worth Rs 51 crore (excluding GST), for Sevadaan Arogya Foundation in the Residential Category. The project is set to be completed within 20 months. Furthermore, the company reported small-value work orders/amendments totaling Rs 82.24 crore. With these projects, the company's total order inflow for FY25 stands at Rs 3,478.58 crore, according to an exchange filing. On another note, the company was also the lowest bidder (L1) for the development of a street in Ahmedabad, worth Rs 120.53 crore (excluding GST). PSP Projects is a diversified construction company offering a wide range of services across industrial, institutional, government, and residential sectors. The company's consolidated net profit declined 83.8% to Rs 5.05 crore, while net sales dropped 10.6% to Rs 630.21 crore in Q3 FY25 compared to Q3 FY24. Shares of PSP Projects fell 1.43% to Rs 620.55 on the BSE.Powered by Capital Market - Live

PSP Projects has received credit ratings for bank facilities aggregating Rs 1,550 crore from CARE Ratings as under: Long term bank facilities (Rs 158 crore) - CARE A+; Stable (reaffirmed) Long term / short term bank facilities (Rs 1,300 crore) -  CARE A+; Stable / CARE A1+ (reaffirmed) Short term bank facilities (Rs 50 crore) -  CARE A1+ (assigned) Short term bank facilities (Rs 42 crore) -  CARE A1+ (reaffirmed)Powered by Capital Market - Live