Power Mech Projects has reported its Q2 FY25 financial results, showing notable growth in revenue despite some challenges on the profitability front. The company’s focus on operational efficiency and project execution has contributed to its performance this quarter.
Key Financial Highlights for Q2 FY25:
- Revenue from Operations: The company reported revenue of ₹1,035.49 crore, reflecting an 11% YoY increase from ₹932.49 crore in Q2 FY24. On a Quarter-over-Quarter (QoQ) basis, revenue grew by 2.8% from ₹1,007.39 crore in Q1 FY25.
- Net Profit (PAT): Net profit (PAT) for the quarter was ₹69.51 crore, which is a 35.6% increase YoY from ₹51.26 crore in Q2 FY24. However, on a sequential basis, PAT declined by 43.1% from ₹122.08 crore in Q1 FY25, suggesting some cost pressures or operational challenges in the recent quarter.
Power Mech Projects’ YoY growth in revenue and PAT highlights its strong market position and operational strategies, though the QoQ decline in profit indicates a need for close monitoring of cost dynamics in the upcoming quarters.
TOPICS:
Power Mech Projects