Meanwhile, the company has secured a Rs 972.135 crore order from the National Highways Authority of India for constructing a 49 km, 4-lane bypass in Jharkhand under a hybrid annuity mode. The project is expected to be completed within 24 months.
Hyderabad-based Power Mech Projects is one of the leading infrastructure construction companies.
The company reported a 33.4% jump in consolidated net profit to Rs 82.04 crore on a 20.8% increase in revenue from operations to Rs 1,337.97 crore in Q3 FY25 over Q3 FY24.
The scrip surged 11.64% to end at Rs 2,718.25 on Friday, 28 March 2025.