Hot Pursuit     07-Feb-23
Power Mech Proj gallops after Q3 PAT jumps 54% YoY
Power Mech Projects rose 6.39% to Rs 1791.85 after the company's consolidated net profit jumped 53.95% to Rs 50.62 crore on 40.75% increase in net sales to Rs 909.1 crore in Q3 December 2022 over Q3 December 2021.
On a consolidated basis, profit before tax (PBT) jumped 60.07% year-on-year (YoY) to Rs 69.47 crore in Q3FY23.

Total expenses rose 38.53% to Rs 840.95 crore in quarter ended 31 December 2022. Cost of materials consumed was at Rs 111.52 crore (up 44.79% YoY) and employee expense rose 37.87%to Rs 148.97 crore during the quarter.

Hyderabad-based Power Mech Projects is one of the leading infrastructure-construction companies.

Previous News
  Power Mech Projects consolidated net profit rises 17.03% in the September 2023 quarter
 ( Results - Announcements 11-Nov-23   16:13 )
  Board of Power Mech Projects approves incorporation of SPV
 ( Corporate News - 09-Aug-23   15:00 )
  Power Mech Projects
 ( Results - Analysis 03-Mar-21   23:49 )
  Power Mech Projects bags orders worth Rs 625 cr
 ( Corporate News - 07-Sep-23   15:13 )
  Power Mech Projects to hold AGM
 ( Corporate News - 28-Aug-23   15:33 )
  Board of Power Mech Projects recommends Final Dividend
 ( Corporate News - 21-May-22   17:22 )
  Power Mech Projects wins projects worth Rs 720 cr
 ( Corporate News - 24-Apr-23   19:15 )
  Power Mech Proj gallops after Q3 PAT jumps 54% YoY
 ( Hot Pursuit - 07-Feb-23   15:31 )
  Power Mech Projects to convene AGM
 ( Corporate News - 24-Aug-22   11:14 )
  Power Mech Projects consolidated net profit rises 950.48% in the December 2021 quarter
 ( Results - Announcements 28-Jan-22   13:56 )
  Power Mech Projects
 ( Results - Analysis 08-Aug-21   17:28 )
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