Power Mech Projects Q3 results: Net profit grows 22% to Rs 62 crore
It had reported a net profit of Rs 50.6 crore in the October-December period of the preceding financial year, the company said in an exchange filing.
Power Mech Projects Ltd on Tuesday posted a 22.5 per cent rise in consolidated net profit to Rs 62 crore for the quarter ended December 2023, aided by higher income.
It had reported a net profit of Rs 50.6 crore in the October-December period of the preceding financial year, the company said in an exchange filing.
Its total income rose to Rs 1,114.9 crore from Rs 912 crore a year ago. Expenses stood at Rs 1,008.2 crore against Rs 840.9 crore in the third quarter of the last fiscal.
Hyderabad-based Power Mech Projects is one of the leading infrastructure-construction companies providing a spectrum of services in the power and infrastructure sectors.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SSY: Rs 12,500 pm investment will help you get nearly Rs 70 lakh for your girl child in this scheme; know how
Nautapa 2024: 9 days of severe heat to begin tomorrow, temperatures may reach 50°C in many places | Precautions during extreme heat
SBI Senior Citizen FD Rates: What Rs 1 lakh, Rs 3 lakh, and 5 lakh investments will give you in 1-, 3- and 5-year FDs
What should be your investment in this guaranteed return scheme to get Rs 1K, 2K, 3K, 4K and 5K monthly pension?
09:32 PM IST