PSP Projects Q2 FY27 consolidated PAT Rs 30.11 cr, up 87% YoY

What the numbers show

• Total expenses rose 59.9% while revenue rose 58.4%.

• Basis: Consolidated statement of profit and loss (Q2FY27 vs Q2FY26)

• Revenue from operations: Rs 1,113.24 cr (Q2FY27) vs Rs 702.87 cr (Q2FY26)

• Total operating expenses (labelled Total Operating Expenses): Rs 1,044.09 cr vs Rs 652.94 cr

• Employee benefits expense: Rs 49.77 cr vs Rs 33.25 cr

• Other expenses: Rs 16.98 cr vs Rs 11.89 cr

• EBITDA: Rs 69.15 cr vs Rs 49.93 cr

• EBITDA margin: 6.21% vs 7.10%

• Other income: Rs 4.91 cr vs Rs 4.11 cr

• Finance costs: Rs 7.66 cr vs Rs 12.00 cr

• Depreciation: Rs 26.25 cr vs Rs 19.65 cr

• Profit before tax and exceptional item: Rs 40.14 cr vs Rs 22.39 cr

• Profit after tax (Profit After Tax): Rs 30.11 cr vs Rs 16.11 cr

• PAT margin (PAT Margin (%)): 2.69% vs 2.28%

• Earnings per share (Earnings Per Share (₹)): Rs 7.63 vs Rs 4.10

According to the consolidated profit and loss table in the investor presentation’s statement of financial results for Q2FY27, PSP Projects reported a sharp year-on-year increase in scale. Revenue from operations for the quarter ended 30 September 2026 (Q2FY27) stood at Rs 1,113.24 cr, compared with Rs 702.87 cr in the corresponding quarter a year earlier (Q2FY26). Total Operating Expenses rose to Rs 1,044.09 cr from Rs 652.94 cr over the same period, reflecting higher activity levels.

Within expenses, Employee benefits expense increased to Rs 49.77 cr from Rs 33.25 cr, while Other expenses moved up to Rs 16.98 cr from Rs 11.89 cr. EBITDA for Q2FY27 was Rs 69.15 cr versus Rs 49.93 cr in Q2FY26, with the reported EBITDA Margin at 6.21% compared with 7.10% a year earlier. Other Income contributed Rs 4.91 cr in Q2FY27, up from Rs 4.11 cr. Finance costs declined to Rs 7.66 cr from Rs 12.00 cr, while Depreciation increased to Rs 26.25 cr from Rs 19.65 cr.

Profit Before Tax and Exceptional Item (also reported as Profit Before Tax and after Exceptional Item, with no exceptional items in either period) came in at Rs 40.14 cr for Q2FY27, compared with Rs 22.39 cr in Q2FY26. After a Tax Expense of Rs 9.89 cr (vs Rs 6.22 cr a year earlier) and accounting for Other comprehensive income and Share of profit / (loss) from Joint Venture (Net), Profit After Tax was Rs 30.11 cr, up from Rs 16.11 cr in the prior-year quarter. The PAT Margin (%) was reported at 2.69% for Q2FY27 versus 2.28% for Q2FY26. Earnings Per Share (₹) for the quarter were Rs 7.63, compared with Rs 4.10 in the same quarter last year, as per the statement of financial results.