Results     15-Nov-17
Analysis
Power Mech Projects
On expected line
Related Tables
 Power Mech Projects: Consolidated Results
Consolidated net sales were up by 6% to Rs 345.19 crore. OPM was up by 50 bps to 13.1% resulting in a 10% increase in OP to Rs 45.09 crore. Other income was up by 29% to Rs 1.94 crore. Interest cost was up by 14% to Rs 8.68 crore and depreciation was up by 6% to Rs 10.90 crore. Thus, PBT was up by 12% to Rs 27.46 crore. After providing total tax of Rs 8.17 crore, PAT for Sep 17 quarter stood at Rs 19.29 crore. After providing share of loss from JV of Rs 5 lakh and MI of Rs 2.23 crore as compared to credit of MI of Rs 0.17 crore for Sep 16 quarter, consolidated PAT for Sep 17 quarter stood at Rs 17.01 crore, up by 7% YoY.

Consolidated performance for 6 months ended Sep 17

For 6 months ended Sep 17, consolidated net sales were up by 10% to Rs 703.56 crore. OPM was flat at 12.9% resulting in a 10% increase in OP to Rs 91.01 crore. Other income was up by 11% to Rs 4.75 crore. Interest cost was flat at Rs 16.29 crore and depreciation was up by 2% to Rs 21.14 crore. Thus, PBT was up by 16% to Rs 58.33 crore. After providing total tax of Rs 17.62 crore, PAT for 6 months ended Sep 17 stood at Rs 40.71 crore. After providing share of loss from JV of Rs 5 lakh and MI of Rs 5.46 crore as compared to credit of MI of Rs 0.24 crore for 6 months ended Sep 16, consolidated PAT for 6 months ended Sep 17 stood at Rs 35.20 crore, up by 7% YoY.

Previous News
  Power Mech Projects fixes record date for final dividend
 ( Market Beat - Reports 23-Aug-24   12:52 )
  Power Mech Projects to declare Quarterly Result
 ( Corporate News - 08-Aug-24   16:02 )
  Power Mech spurts as board OKs 1:1 bonus issue
 ( Hot Pursuit - 23-Aug-24   12:01 )
  Power Mech Projects to consider Bonus Issue
 ( Corporate News - 14-Aug-24   17:51 )
  Power Mech Projects fixes record date for bonus issue
 ( Market Beat - Reports 23-Aug-24   12:51 )
  Board of Power Mech Projects approves bonus issue of 1:1
 ( Corporate News - 23-Aug-24   12:48 )
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 ( Analyst Meet / AGM - Conference Call 09-Feb-23   08:36 )
  Power Mech Projects
 ( Analyst Meet / AGM - Conference Call 25-Aug-22   18:42 )
  Power Mech Projects wins orders of Rs 658.57 cr
 ( Corporate News - 05-Mar-24   15:41 )
  Power Mech Projects to discuss results
 ( Corporate News - 03-Aug-23   14:49 )
  Power Mech Projects to table results
 ( Corporate News - 07-Nov-23   14:18 )
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