Power Mech Projects Limited — Important, 11-11-2024: Financial Result Updates

**Consolidated Financial Summary:**

Power Mech Projects reported an impressive revenue growth of 17.8% YoY, with total revenue at ₹1,812.55 crore for the half-year ended September 30, 2024. This growth is attributed to increased demand and expanded operations in construction and maintenance activities.

Net profit after tax rose to ₹121.90 crore, marking a 22.8% increase from ₹99.21 crore in the previous period. EPS surged to ₹77.12, driven by operational efficiency and better cost management.

Operational costs increased marginally by 3.7%, reflecting effective cost control despite rising expenses in contract execution and employee benefits.

The balance sheet remains strong, with total assets at ₹1,770.25 crore, suggesting good liquidity and solvency. The company's strategic focus on cost management and market expansion continues to position it favorably in the industry.

For investors, maintaining a **buy** stance seems appropriate considering the financial resilience and growth prospects amidst positive market sentiment.