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Results
15-Feb-18
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Analysis
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Power Mech Projects
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On firm wicket
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Consolidated net sales were up by 13% to Rs 354.67 crore. OPM was up by 80 bps to 13.3% resulting in a 20% increase in OP to Rs 47.18 crore. Other income was up by 19% to Rs 1.88 crore. Interest cost was up by 15% to Rs 9.61 crore and depreciation was up by 7% to Rs 10.81 crore. Thus, PBT was up by 29% to Rs 28.64 crore. After providing total tax of Rs 8.33 crore, PAT for Dec 17 quarter stood at Rs 20.30 crore. After providing share of loss from JV of Rs 6 lakh and MI of Rs 2.10 crore as compared to credit of MI of Rs 0.52 crore for Dec 16 quarter, consolidated PAT for Dec 17 quarter stood at Rs 18.14 crore, up by 24% YoY.
Consolidated performance for 9 months ended Dec 17
For 9 months ended Dec 17, consolidated net sales were up by 10% to Rs 1058.23 crore. OPM was up by 30bps and stood at 13.1% resulting in a 12% increase in OP to Rs 138.19 crore. Other income was up by 47% to Rs 6.63 crore. Interest cost was up by 5% at Rs 25.90 crore and depreciation was up by 3% to Rs 31.95 crore. Thus, PBT was up by 20% to Rs 86.97 crore. After providing total tax of Rs 25.9 crore, PAT for 9 months ended Dec 17 stood at Rs 61.01 crore. After providing share of loss from JV of Rs 11 lakh and MI of Rs 7.55 crore as compared to credit of MI of Rs 0.76 crore for 9 months ended Dec 16, consolidated PAT for 9 months ended Dec 17 stood at Rs 53.35 crore, up by 12% YoY.
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Previous News |
Power Mech Projects consolidated net profit rises 17.93% in the June 2024 quarter
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Results
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Announcements
12-Aug-24
17:01
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Power Mech Projects wins orders of Rs 658.57 cr
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19-Sep-24
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Power Mech rises on Rs 865-cr order win from Vedanta's subsidiary
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19-Sep-24
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Power Mech Projects to discuss results
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Corporate News
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03-Aug-23
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Power Mech edges higher after bagging order worth Rs 396 crore from SE Central Railway
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Hot Pursuit
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27-Feb-24
09:37
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Power Mech Projects bags two orders worth Rs 658 cr
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Hot Pursuit
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05-Mar-24
15:03
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Power Mech Projects wins orders worth Rs 644.91 cr
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Corporate News
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29-Jan-24
15:59
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Power Mech Projects spurts on securing Rs 30,438-cr project from SAIL
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Hot Pursuit
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31-Jul-23
10:20
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Power Mech gains on bagging multiple orders worth Rs 625 cr
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Hot Pursuit
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07-Sep-23
16:11
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Power Mech Projects
(
Results
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Analysis
30-Jan-22
22:30
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