Patel Engineering Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved these results during their meeting on May 14, 2026, which also included a proposal to sell the company’s entire stake in its associate, ACP Tollways Private Limited. This strategic move involves the sale of 84,95,040 equity shares, pending lender approvals.

Patel Engineering Limited is a major Indian infrastructure and construction conglomerate specializing in complex civil engineering projects such as dams, tunnels, hydroelectric projects, and highways. With over 75 years of experience, the company is a prominent player in the hydropower and irrigation segments. In 2025, the company bolstered its position by securing significant contracts, including a ₹1,700 crore hydropower MOU with Arunachal Pradesh and a ₹798.19 crore coal mining contract. The company also successfully completed a rights issue in late 2025, raising approximately ₹398.97 crore to reduce debt and fund working capital. Notable investors in the company include veteran investor Vijay Kedia, who has maintained a stake in the firm as part of his engineering and industrial portfolio.

(Note: Data for Q4 FY26, Q3 FY26, and Q4 FY25 are derived from consolidated financial summaries. All amounts are in Millions as per the company notice.)