Power Mech Projects sees revenue up 25%, profit surges in FY 2024-25
Power Mech Projects Limited reported a strong financial year for 2024-25, with consolidated revenue from operations increasing by 25% year-on-year to INR 5,279 crore. Profit after tax rose to INR 348 crore from INR 248 crore in the previous fiscal year, while EBITDA remained stable at 12.3%, demonstrating operational resilience despite inflationary pressures. The company's robust order book stood at INR 53,994 crore as of March 31, 2025, providing substantial revenue visibility for sustained multi-year growth.
The company continued its strategic expansion, broadening its international presence across the Middle East and West Africa, and diversifying into non-power sectors such as railways, roads, and mining. Key initiatives include major investments in renewable energy, with the company actively exploring opportunities in BESS and solar projects. Power Mech Projects Limited aims to double its Operations and Maintenance (O&M) revenue in the next four to five years, further solidifying its position in the infrastructure and energy sectors.
The 26th annual general meeting will be held on Monday, September 22, 2025, to approve the financial statements and declare a dividend of INR 1.25 per equity share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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