Net profit of Power Mech Projects rose 12.38% to Rs 84.51 crore in the quarter ended March 2024 as against Rs 75.20 crore during the previous quarter ended March 2023. Sales rose 10.85% to Rs 1301.53 crore in the quarter ended March 2024 as against Rs 1174.10 crore during the previous quarter ended March 2023.For the full year,net profit rose 18.74% to Rs 248.30 crore in the year ended March 2024 as against Rs 209.12 crore during the previous year ended March 2023. Sales rose 16.81% to Rs 4206.65 crore in the year ended March 2024 as against Rs 3601.19 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1301.531174.10 11 4206.653601.19 17 OPM %11.4910.80 -11.7110.98 - PBDT134.15112.42 19 426.34322.89 32 PBT122.0699.76 22 382.30279.98 37 NP84.5175.20 12 248.30209.12 19 Powered by Capital Market - Live News

Power Mech Projects announced that the Board of Directors of the Company at its meeting held on 20 May 2024, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Power Mech Projects will hold a meeting of the Board of Directors of the Company on 20 May 2024Powered by Capital Market - Live News

Power Mech Projects has bagged orders worth Rs 232.03 crore as detailed below:A) Order worth of Rs. 122.89 crores from BHEL in various packages as follows:Package-A: Erection of Power House Unit 1 & 2 (incl CCR) structure and other mics. buildings including supply & installation of items as per BOQ at 2X660 MW NTPC Talcher Odisha.Package-B: Erection of Ash Handling Plant structure, FGD Structure, Tank fabrication & installation and other mics. building Structure including supply & installation of items as per BOQ at 2X660 MW NTPC Talcher Odisha.Package-C: Erection of Coal Handling Plant structure and other mics. building Structure including supply & installation of items as per BOQ at 2X660 MW NTPC Talcher Odisha.B) Balance Civil and Architectural works of Superstructure of Power House, Bunker area and Balance works in other areas of Main plant of Yadadri TPS Unit 4& 5 - Rs. 52.74 crore.C) Mechanical Structure Erection works at PP2 and Balance Quantity of Coke Oven Projects (Battery 5&6) at Jindal Steel Odisha Limited (JSOL), Angul- Rs. 56.40 crore. Powered by Capital Market - Live News

Power Mech Projects has received an order of Rs 305.81 crore for construction of electrified 4th Railway BG Line in between Rajnandgaon-Dongargarha and Bhilai- Ourg link block station, in the state of Chhattisgarh in South East Central Railway on EPC basis. Powered by Capital Market - Live News