Non-Electrical Utilities company LCC Projects announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: Stood at Rs 8,025.90 million in Q1FY27, reflecting a YoY decline of 15.12% compared to Rs 9,455.16 million in Q1FY26. On a QoQ basis, revenue decreased by 31.11% from Rs 11,650.79 million in Q4FY26. For the full year FY26, revenue was Rs 36,002.52 million. Total Income: Reached Rs 8,104.07 million in Q1FY27, marking a YoY drop of 14.60% from Rs 9,490.00 million in Q1FY26, and a QoQ decline of 31.66% from Rs 11,859.16 million in Q4FY26. For FY26, total income stood at Rs 36,394.54 million. Profit After Tax (PAT): Reported at Rs 657.61 million in Q1FY27, representing a YoY decrease of 15.56% from Rs 778.81 million in Q1FY26. Sequentially, PAT fell by 31.32% QoQ compared to Rs 957.54 million in Q4FY26. The PAT for the entire FY26 was Rs 2,864.41 million. Total Comprehensive Income: Recorded at Rs 655.79 million in Q1FY27, a YoY decline of 15.58% against Rs 776.83 million in Q1FY26, and down 31.67% QoQ from Rs 959.74 million in Q4FY26. For FY26, it was Rs 2,864.65 million. Standalone Financial Highlights: Revenue from Operations: Recorded at Rs 7,780.17 million in Q1FY27, representing a YoY decline of 14.31% against Rs 9,079.37 million in Q1FY26. On a QoQ basis, it dropped by 32.94% from Rs 11,601.49 million in Q4FY26. The full-year FY26 revenue was Rs 34,571.83 million. Total Income: Stood at Rs 7,870.77 million in Q1FY27, decreasing by 13.74% YoY from Rs 9,124.27 million in Q1FY26, and falling 33.48% QoQ from Rs 11,832.24 million in Q4FY26. For FY26, total income was Rs 35,004.38 million. Profit After Tax (PAT): Reached Rs 610.87 million in Q1FY27, registering a YoY drop of 18.61% from Rs 750.58 million in Q1FY26, and a 33.22% QoQ decline from Rs 914.76 million in Q4FY26. For FY26, the PAT was Rs 2,752.72 million. Total Comprehensive Income: Stood at Rs 609.15 million in Q1FY27, a YoY decrease of 18.62% from Rs 748.58 million in Q1FY26, and down 33.58% QoQ from Rs 917.10 million in Q4FY26. For FY26, it was Rs 2,753.07 million. Business Highlights: Segment Performance: The company operates primarily in the EPC Construction Segment of irrigation and water treatment plants (Infrastructure Development). Infrastructure Development Revenue: Stood at Rs 7,995.19 million in Q1FY27, compared to Rs 9,423.35 million in Q1FY26 and Rs 11,611.78 million in Q4FY26. Infrastructure Development Segment Results: Reached Rs 1,190.82 million in Q1FY27, compared to Rs 1,263.78 million in Q1FY26 and Rs 1,481.71 million in Q4FY26. Initial Public Offering (IPO): Subsequent to Q1FY27, the company successfully completed its IPO of 2,92,56,232 equity shares of face value Rs 5 each. The issue consisted of a fresh issue of 1,76,71,232 shares and an offer for sale of 1,15,85,000 shares, aggregating to Rs 4,271.41 million. The equity shares were listed on the NSE and BSE on September 17, 2026. New Subsidiary Incorporation: The Board approved the proposal to incorporate a new subsidiary company in India named "LCC HINGLAJ INDUSTRIAL SOLUTIONS PRIVATE LIMITED". The subsidiary will engage in concrete mold manufacturing and all types of fabrication work. The shares will be subscribed at a face value of Rs 10 per share, with the company proposing to acquire at least a 51.00% controlling stake. Result PDF