Techno Electric & Engg. Company announced that the Board of Directors of the Company at its meeting held on 28 May 2024, inter alia, have recommended the final dividend of Rs 7 per equity Share (i.e. 350%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Techno Electric & Engineering Company rose 27.55% to Rs 77.54 crore in the quarter ended March 2024 as against Rs 60.79 crore during the previous quarter ended March 2023. Sales rose 40.47% to Rs 439.62 crore in the quarter ended March 2024 as against Rs 312.97 crore during the previous quarter ended March 2023.For the full year,net profit rose 43.67% to Rs 268.46 crore in the year ended March 2024 as against Rs 186.86 crore during the previous year ended March 2023. Sales rose 81.12% to Rs 1502.38 crore in the year ended March 2024 as against Rs 829.50 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales439.62312.97 40 1502.38829.50 81 OPM %12.372.28 -13.9410.45 - PBDT81.3923.52 246 329.09150.65 118 PBT79.4021.54 269 321.25143.06 125 NP77.5460.79 28 268.46186.86 44 Powered by Capital Market - Live News

Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Company on 28 May 2024Powered by Capital Market - Live News

Techno Electric & Engineering Company has bagged new orders of Rs 4,063 crore. These include transmission projects of Rs 2,201 crore and distribution projects of Rs 1,862 crore. The details are mentioned below:PowerGrid - Establishment/Execution of 765kV Substation Package, for Solar Energy Zone in Bidar Adani Transmission - Establishment/Execution of 765kV Substation Package, at Halvad, GujaratAparva Energy - Establishment/Execution of 765/400 KV Substation, at Karera, MP Millenium Challenge Account (MCA), Nepal- Establishment/Execution of 400kV Substation, at Lapsiphedi & New Hetauda and New Damauli, Nepal Indigrid Trust - Establishment/Execution of 4x500 MVA, 400/220 kV Pooling Substation, at Dhule, Maharashtra and Establishment/Execution of 2x1500 MVA, 765/400 kV and 2x500 MVA, 400/220 kV Substation, at Ishanagar, MP NERES XVI, POWER TRANSMISSION - Establishment/Execution of 400/220/132kV Substation, at GOGAMUKH, Assam Damodar Valley Corporation - Establishment/Execution of 12 x 33/11 KV EHouse GIS Substation with 33/11 KV cable work at DVC Comand Area of 120 km. REC Power Distribution Company - Installation and operation of Smart Meters in Tripura, Ranchi and Indore on DBFOOT Basis.Powered by Capital Market - Live News

Net profit of Techno Electric & Engineering Company rose 192.52% to Rs 91.88 crore in the quarter ended December 2023 as against Rs 31.41 crore during the previous quarter ended December 2022. Sales rose 76.26% to Rs 326.54 crore in the quarter ended December 2023 as against Rs 185.26 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales326.54185.26 76 OPM %17.2512.61 - PBDT97.2141.67 133 PBT95.2239.75 140 NP91.8831.41 193 Powered by Capital Market - Live News