Hyderabad-based Power Mech Projects Ltd is into the power and infrastructure sectors. Photo: Shutterstock
Power Mech Projects Ltd on Monday reported a 13 per cent rise in consolidated net profit to Rs 84.41 crore for the March quarter on higher revenues.
The company had clocked Rs 74.57 crore profit after tax (PAT) in the year-ago period, the company said in an exchange.
The company’s total revenue rose to Rs 1,311.86 crore from Rs 1,183.20 crore in January-March FY23.
During the period under review, expenditure stood at Rs 1,189.69 crore, against Rs 1,070.49 crore a year ago.
The company’s board also approved a final dividend of Rs 2 per share for FY24.
Hyderabad-based Power Mech Projects Ltd is into the power and infrastructure sectors.
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First print: May 20, 2024 | 7:23 PM IST