Patel Engineering’s order book to hit Rs 25000 cr in FY25

(20 second reading) Patel Engineering, a Mumbai-based engineering, procurement, and construction firm, expects its order book to touch at least Rs 25,000 crore in FY25 from Rs 19,134 crore as of December 2023 (Q3 FY24), Kavita Shirvaikar, CFO has informed.
In terms of the sector-wise mix, hydropower projects constitute 60.67 percent of the company’s current order book, irrigation 21.05 percent, tunnelling 11.02 percent, road 2.99 percent and others account for 4.27 percent.
“We are targeting to participate in tenders worth Rs 50,000-60,000 crore in FY25.