Rajesh Power Services jumps on securing Rs 220-cr order from MGVCL

The order is for a turnkey project involving the supply, installation, testing, and commissioning of 11 kV Medium Voltage Covered Conductor (MVCC) under two key state schemes'Kisan Suryoday Yojana (KSY) and Vanbandhu Kalyan Yojana (VKY-2). The project is scheduled to be completed within 9 months.

Rajesh Power Services (RPSL) provides consultancy to state transmission and distribution companies, private utilities, and industries.

On a full-year basis, the company's net profit surged 285.5% to Rs 26.02 crore on a 37.5% jump in net sales to Rs 284.97 crore in FY25 over FY24.