Power Mech Projects rose 2.11% to Rs 3,110 after the company reported a 30.5% surge in consolidated net profit to Rs 80.55 crore, while revenue from operations rose 28.4% to Rs 1,293.41 crore in Q1 FY26 over Q1 FY25.
Profit before tax (PBT) stood at Rs 135.59 crore, up 53.8% from Rs 88.14 crore in Q1 FY25.Total expenses rose 25.91% year-on-year to Rs 1,168.27 crore during the quarter. The cost of materials consumed was Rs 104.21 crore (down 30.3% YoY), contract execution expenses stood at Rs 820.47 crore (up 43.1% YoY), and employee benefit expenses were at Rs 170.88 crore (up 12.7% YoY) during the period under review.
Meanwhile, the companys board has approved the reappointment of Kishore Babu Sajja as managing director for another five-year term, beginning April 1, 2026, also subject to shareholder approval.
Hyderabad-based Power Mech Projects is one of the leading infrastructure construction companies.
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