Mumbai, February 6th, 2025: Bajel Projects Ltd, a Bajaj Group company, has declared its results for the quarter ended 31st December 2024. For the third quarter of FY’2024-25, the Company has achieved total revenue from operations of Rs. 622.38 Cr. as against Rs. 275.08 Cr., a growth of 126% over the third quarter of the previous year. The Company’s revenue for the first 9-months of FY’24-25 stands at Rs. 1,796.81 Cr as compared to Rs. 680.05 Cr over the last year. For the 9-months, the Company has made a profit before tax of Rs. 17.65 Cr., as against the loss of Rs. 2.73 Cr., in the corresponding 9-months of the previous year.
Commenting on the results, Mr. Rajesh Ganesh, MD & CEO, Bajel Projects Ltd. said, “This quarter’s performance underscores our strong project management and execution capabilities. Our unwavering commitment to project delivery has resulted in a PBT of Rs. 17.65 Cr for the 9-month period, reaffirming our focus on generating consistent value. Securing three major orders in January—adding ₹940 Cr (excluding GST) to our order book—demonstrates the trust our clients place in our expertise and capabilities. As we continue to expand, we remain focused on operational efficiency, timely execution, and building a resilient organisation.
Bajel Projects had an exceptional start to 2025, securing three major orders in January. These projects alone have expanded the company’s order book by approximately ₹940 Cr (excluding GST) within a month, reinforcing client confidence in Bajel Projects’ expertise in delivering high-quality, complex infrastructure solutions.