Power Mech Projects Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Power Mech Projects Ltd reported a 28.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 20.8%.
- Its expenses for the quarter were up by 29.9% QoQ and 21.6% YoY.
- The net profit increased 24.5% QoQ and increased 39.5% YoY.
- The earnings per share (EPS) of Power Mech Projects Ltd stood at 25.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1346.90 | 1045.60 | 1114.94 | 28.8% | 20.8% |
Total Expenses | 1225.98 | 944.05 | 1008.25 | 29.9% | 21.6% |
Profit Before Tax | 120.92 | 101.55 | 106.68 | 19.1% | 13.3% |
Tax | 34.77 | 31.39 | 43.29 | 10.8% | -19.7% |
Profit After Tax | 86.55 | 69.51 | 62.05 | 24.5% | 39.5% |
Earnings Per Share | 25.90 | 42.40 | 39.50 | -38.9% | -34.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Power Mech Projects Ltd is a prominent player in the infrastructure and engineering sector, primarily engaged in providing comprehensive services across various segments of the construction and infrastructure industry. The company is known for its involvement in power, industrial, and infrastructure projects, offering a wide array of services that include erection, testing, commissioning, civil works, and operations and maintenance. Recently, Power Mech Projects Ltd has been expanding its horizons by venturing into new areas and securing significant contracts that enhance its portfolio and reinforce its market position. Detailed information on any recent major developments pertinent to the company was not available in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Power Mech Projects Ltd reported a total income of ₹1346.90 crores. This marks a substantial increase of 28.8% from the previous quarter (Q2FY25) when the total income was ₹1045.60 crores. Additionally, there is a notable year-over-year growth of 20.8% in total income, as compared to ₹1114.94 crores in the same quarter of the previous year (Q3FY24). This financial performance indicates a positive trajectory in revenue generation over both the quarterly and annual periods, reflecting the company's ability to enhance its income streams effectively.
Profitability
Power Mech Projects Ltd's profitability metrics indicate a positive trend. In Q3FY25, the company achieved a profit before tax of ₹120.92 crores, representing a quarter-over-quarter increase of 19.1% from ₹101.55 crores in Q2FY25. On a year-over-year basis, the profit before tax increased by 13.3% from ₹106.68 crores in Q3FY24. The tax expense for the quarter was ₹34.77 crores, which decreased by 19.7% year-over-year from ₹43.29 crores in Q3FY24. Consequently, the profit after tax in Q3FY25 stood at ₹86.55 crores, showcasing a robust growth of 24.5% compared to the previous quarter and a significant 39.5% increase year-over-year. These figures underscore the company's enhanced profitability over both the short and long term.
Operating Metrics
The company's operating metrics reveal key insights into its financial performance and efficiency. Total expenses in Q3FY25 were ₹1225.98 crores, which increased by 29.9% quarter-over-quarter from ₹944.05 crores in Q2FY25 and 21.6% year-over-year from ₹1008.25 crores in Q3FY24. This rise in expenses is consistent with the revenue growth, indicating continued investment in operational activities. Notably, the earnings per share (EPS) for Q3FY25 was reported at ₹25.90, which decreased by 38.9% from the previous quarter's EPS of ₹42.40 and declined by 34.4% year-over-year from ₹39.50 in Q3FY24. The fluctuations in EPS suggest variations in income allocation and shareholder returns during the evaluated periods.
