te Power Mech Projects Q1 profit rises 29% to Rs 51 crore | Zee Business

Power Mech Projects Q1 profit rises 29% to Rs 51 crore

The infrastructure company had reported a net profit of Rs 39.43 crore for the year-ago quarter, according to a BSE filing.

Power Mech Projects Q1 profit rises 29% to Rs 51 crore
Total income of the Hyderabad-based firm rose to Rs 870.67 crore in the quarter under review from Rs 748.64 crore a year ago. (Image credit: Reuters)

Power Mech Projects on Wednesday posted over a 29 per cent rise in consolidated net profit at Rs 50.96 crore for June quarter 2023-24 on the back of higher revenues.

The infrastructure company had reported a net profit of Rs 39.43 crore for the year-ago quarter, according to a BSE filing.

The total income of the Hyderabad-based firm rose to Rs 870.67 crore in the quarter under review from Rs 748.64 crore a year ago.

Reported By: PTI
Updated: Wed, Aug 09, 2023
04:01 pm
New Delhi, PTI

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