Net profit of Power Mech Projects rose 17.03% to Rs 51.27 crore in the quarter ended September 2023 as against Rs 43.81 crore during the previous quarter ended September 2022. Sales rose 20.89% to Rs 932.49 crore in the quarter ended September 2023 as against Rs 771.37 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales932.49771.37 21 OPM %11.8911.19 - PBDT90.3267.75 33 PBT80.2757.72 39 NP51.2743.81 17 Powered by Capital Market - Live News

Power Mech Projects will hold a meeting of the Board of Directors of the Company on 11 November 2023.Powered by Capital Market - Live News

Power Mech Projects has received orders worth Rs 625.21 crore as under:1) Operation and Maintenance of 2x 91.2 MW including control room operation of CPP (Captive Power Plant) at Dariba, Udaipur, Rajasthan worth Rs.229.20 crore from Hindustan Zinc.2) Erection, Testing and Commissioning assistance of Boiler, Turbine, Generator for its project site for 2x600 MW Power Plant at Village Singhitarai, Chattisgarh(erstwhile known as Athena Chattisgarh Power) (ACPL) from Vedanta for Rs.396.01m crore. Powered by Capital Market - Live News

Power Mech Projects announced the formation of a SpecialPurpose Vehicle (SPV) for execution of the Tasra MDO Project. The SPV has been incorporated with the name Kalyaneswari Tasra Mining. Powered by Capital Market - Live News

Power Mech Projects announced that the 24th Annual General Meeting (AGM) of the company will be held on 28 September 2023.Powered by Capital Market - Live News