ResultsCNBC-TV18
Power Mech Q2 profit up 12%, revenue jumps 30%
GreyOak summary
Power Mech Projects Ltd reported a 30% year-on-year revenue increase to ₹1,609.3 crore in the September quarter. Net profit rose 11.9% to ₹83.8 crore, while EBITDA margin contracted to 11.1%. The company maintains an order book of ₹16,229 crore providing over two years of visibility.
What it affects
- Power Mech ProjectsPOWERMECHPositive +38
Profit rose 12% while revenue jumped 30%Rolling sentiment Positive +39
Source
Read the original at CNBC-TV18More Power Mech Projects news
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