Pace Digitek Ltd 29 Jun 2026 12:00 AM
Lineage Power signs supply agreement with Guangzhou Rongjie Energy Technology Co.,
Lineage Power, the material subsidiary of Pace Digitek, has entered into a Master Supply Agreement (MSA) with Guangzhou Rongjie Energy Technology Co., (RJE Tech), a leading Chinese manufacturer of lithium-ion battery cells. Under the agreement, Rongjie Energy Tech will supply 3 GWh of Lithium Iron Phosphate (LFP) battery cells and related accessories to Lineage Power. The agreement represents a significant step in strengthening the Company`s battery cell sourcing framework and supports its expanding Battery Energy Storage System (BESS) manufacturing platform and execution capabilities across utility-scale and commercial & industrial (C&I) applications.Commenting on the development, Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, said: Securing a reliable long-term supply of high-quality battery cells is fundamental to building a scalable and resilient Battery BESS platform. This agreement with Rongjie Energy Tech strengthens our manufacturing ecosystem, enhances supply chain visibility and reinforces our ability to execute utility scale and C&I BESS projects with greater confidence. Following a comprehensive technical and commercial evaluation, we found Rongjie Energy Tech`s manufacturing capabilities, product quality and technology roadmap to be well aligned with our long term growth strategy.
Pace Digitek Ltd 26 May 2026 12:00 AM
Pace Digitek consolidated net profit rises 73.27% in the March 2026 quarter,
Net profit of Pace Digitek rose 73.27% to Rs 99.16 crore in the quarter ended March 2026 as against Rs 57.23 crore during the previous quarter ended March 2025. Sales rose 60.52% to Rs 1096.78 crore in the quarter ended March 2026 as against Rs 683.27 crore during the previous quarter ended March 2025.For the full year,net profit rose 11.20% to Rs 297.57 crore in the year ended March 2026 as against Rs 267.61 crore during the previous year ended March 2025. Sales rose 8.30% to Rs 2641.27 crore in the year ended March 2026 as against Rs 2438.78 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1096.78683.27 61 2641.272438.78 8 OPM %14.8811.16 -17.2419.75 - PBDT149.0476.74 94 441.53389.98 13 PBT145.8175.19 94 429.53383.93 12 NP99.1657.23 73 297.57267.61 11 Powered by Capital Market - Live News
Pace Digitek Ltd 22 May 2026 12:00 AM
Pace Digitek to conduct board meeting,
Pace Digitek will hold a meeting of the Board of Directors of the Company on 25 May 2026.
Pace Digitek Ltd 20 May 2026 12:00 AM
Pace Digitek wins Bharatnet project of Rs 264.65 cr,
Pace Digitek has received contract aggregating to Rs. 264.65 crore(including GST) from Bharat Sanchar Nigam for design, supply, construction, installation, upgradation, operation and maintenance of middle mile network of Bharatnet, in Sikkim Telecom Circle.
Pace Digitek Ltd 18 May 2026 12:00 AM
Pace Digitek secures Rs 710 cr BESS project from NLC Renewables,
Pace Digitek has secured a Battery Energy Storage System (BESS) EPC and long-term O&M contract from NLC India Renewables for implementation of a 250 MW / 500 MWh BESS project in Tamil Nadu.The contract value stands at Rs 709.9 crore (including GST) and includes complete Engineering, Procurement and Construction (EPC) execution excluding supply of power transformers, along with 12-year comprehensive Operations & Maintenance (O&M) services. The scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning and associated civil, structural and infrastructure works for deployment of the 250 MW / 500 MWh BESS project across multiple locations in Tamil Nadu.This marks the second BESS order win for FY2027, building on the strong momentum achieved in FY2026, during which the Company reported Energy segment order inflows of Rs 5814.7 crore, driven by increasing traction in BESS and renewable-linked opportunities. With this order, Pace Digitek`s FY2027 year-to-date Energy segment order wins have reached Rs 1411.9 crore, while cumulative Energy segment order wins stand at Rs 9786.9 crore.
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