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 wins orders worth Rs 644.91 cr
 ( Corporate News - 29-Jan-24   15:59 )
  La Opala RG Ltd leads losers in 'A' group
 ( Hot Pursuit - 14-Jun-24   15:00 )
  Power Mech Projects announces board meeting date
 ( Corporate News - 22-Aug-23   13:48 )
  Power Mech Projects
 ( Results - Analysis 24-Jun-21   21:47 )
  Board of Power Mech Projects to consider fund raising via equity share issue
 ( Corporate News - 22-Aug-22   16:54 )
  Power Mech Projects sizzles on bagging orders worth Rs 1,034 cr
 ( Hot Pursuit - 26-Dec-22   12:15 )
  Board of Power Mech Projects recommends final dividend
 ( Corporate News - 27-May-23   16:27 )
  Power Mech Projects wins orders worth Rs 1034.13 cr
 ( Corporate News - 26-Dec-22   12:10 )
  Power Mech Projects reports consolidated net profit of Rs 27.08 crore in the September 2021 quarter
 ( Results - Announcements 11-Nov-21   16:05 )
  Power Mech Projects
 ( Results - Analysis 16-Sep-20   10:28 )
  Power Mech Projects
 ( Results - Analysis 06-Aug-19   11:35 )
Other Stories
  JSW Energy arm secures LoA from SJVN
  29-Jun-24   16:45
  GE Power bags purchase orders from NTPC, MAHAGENCO
  29-Jun-24   16:05
  Cochin Shipyard arm inks contract with Norwegian company
  29-Jun-24   15:01
  Titan signs JV agreement with Rhythm Jewelry
  29-Jun-24   13:30
  BEL bags order worth Rs 3,172 crore from Armoured Vehicles Nigam
  29-Jun-24   12:44
  Orchid Pharma partners with Cipla for pan-India distribution of Cefepime-Enmetazobactam
  29-Jun-24   10:08
  Rajoo Engineers board OKs 1:1 bonus issue
  29-Jun-24   09:27
  Aditya Vision board to mull stock split proposal
  29-Jun-24   08:51
  Giriraj Civil Developers rallies on securing order worth Rs 181 crore
  28-Jun-24   16:57
  Oil India rises on appointing Rupam Barua as CFO
  28-Jun-24   15:25
Back Top