PSP Projects reported a strong second quarter for FY27, with consolidated revenue climbing to Rs 1,113.24 crore and net profit reaching Rs 30.24 crore. The company also announced a change to its registered office address in Ahmedabad effective November 4, 2026.
PSP Projects Reports Strong Q2 Financial Growth
Consolidated revenue stood at Rs 1,113.24 crore; Net profit increased to Rs 30.24 crore.
Reader Takeaway: Revenue and profits show significant YoY growth, reflecting strong operational activity for the construction company.
What just happened
PSP Projects released its unaudited financial results for the quarter ended September 30, 2026. The company demonstrated marked improvement across key financial metrics compared to the same period last year. Revenue from operations rose to Rs 1,113.24 crore, up from Rs 702.86 crore in Q2 FY26. Net profit after tax followed a similar trajectory, climbing to Rs 30.24 crore from Rs 16.17 crore previously.
Why this matters
The jump in both top-line revenue and bottom-line profit highlights sustained operational momentum for the infrastructure firm. The company’s earnings per share (EPS) also saw a meaningful increase to 7.63, up from 4.10 in the previous year's corresponding quarter, signaling better value creation for shareholders.
Corporate Update
Beyond the financials, the Board of Directors approved the relocation of the company's registered office in Ahmedabad. Starting November 4, 2026, the office will operate from the new 'PSP Corporate House' located on Sanand-Sarkhej Road. This administrative move marks a transition to a new corporate headquarters.
What to track next
Investors should monitor the company's order book execution and project pipeline to determine if this growth trajectory can be maintained in subsequent quarters. The transition to the new corporate office is a structural shift that will now be effective for all future regulatory correspondence.