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

Power Mech Projects has incorporated a new wholly owned subsidiary by name PMTS on 13 March 2024. This company will design and develop technologies which are required for construction companies and companies in other sectors / industries including implementation of the ERP & monitoring systems. Powered by Capital Market - Live News

Power Mech Projects has received orders worth Rs 658.57 crore. These include:- Construction of Upper Burhner Project Dam and Pressurised pipe irrigation network from Madhya Pradesh Water resources department, Govt. of Madhya Pradesh for Rs. 541.62 crore. - Boiler and ESP Package for Overhaul including spares of 2x125 MW Akrimota Thermal Power Station of Gujarat Mineral Development Corporation for Rs. 116.95 crore.Powered by Capital Market - Live News

Net profit of Power Mech Projects rose 21.53% to Rs 61.52 crore in the quarter ended December 2023 as against Rs 50.62 crore during the previous quarter ended December 2022. Sales rose 21.82% to Rs 1107.50 crore in the quarter ended December 2023 as against Rs 909.11 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1107.50909.11 22 OPM %11.9611.12 - PBDT117.0779.77 47 PBT105.3469.48 52 NP61.5250.62 22 Powered by Capital Market - Live News