Technocraft Ventures Q1 FY27: Profit Growth Holds as EPC Momentum Builds

For the quarter ended June 30, 2026 (Q1 FY27), operating income was Rs 92.70 crore, EBITDA was Rs 18.49 crore, profit before tax was Rs 14.47 crore, and profit after tax was Rs 10.70 crore.

Operating income increased 2.24 percent to Rs 92.70 crore, EBITDA increased 16.36 percent to Rs 18.49 crore, profit before tax increased 15.76 percent to Rs 14.47 crore, and profit after tax increased 14.56 percent to Rs 10.70 crore versus Q1 FY26.

The company received a letter of award for an engineering, procurement and construction contract for an underground sewerage system for Town Planning Scheme areas 1, 2 and 3 of Bhubaneswar Development Authority, including operations and maintenance for five years.

The award value stated is Rs 14870.05 lakhs excluding goods and services tax, comprising construction work of Rs 13569.25 lakhs and operations and maintenance including energy charges of Rs 1300.80 lakhs.

The company states it executes turnkey engineering, procurement and construction across wastewater treatment, operations and maintenance of public utilities, water supply schemes, electrical transmission and distribution, substations, roads and highways, micro tunneling, renewable energy, housing and residential buildings, and sector-level urban development.

The company states it primarily operates in northern India, with projects concentrated in Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi.

Management stated it expects continued growth supported by infrastructure development focus, especially in water supply and sewerage, and it foresees a growing order book size due to government allocations to infrastructure.