11 hours ago
Power Mech Projects shares rise over 2% after strong Q1 results
By Aditya Bhagchandani Published on August 11, 2025, 09:28 IST
Shares of Power Mech Projects Ltd gained 2.30% to Rs 3,120 as of 9:26 am on Monday, August 11, compared to the previous close of Rs 3,050. The stock traded between Rs 3,060 and Rs 3,165.90 during the session, taking its market capitalisation to nearly Rs 9,981 crore.
The rally comes after the company on Friday, August 8, reported a 30.4% year-on-year jump in net profit to Rs 80.5 crore for the first quarter ended June 30, 2025, up from Rs 61.7 crore in Q1FY25. Revenue from operations surged 28.4% to Rs 1,293 crore compared to Rs 1,007 crore in the year-ago period.
At the operating level, EBITDA rose 49% to Rs 170.4 crore over Rs 114.4 crore a year earlier, with the EBITDA margin expanding to 13.2% from 11.3%.
In addition, the board has appointed Bontha Prasada Rao as an additional director in the category of non-executive and independent director for a three-year term starting August 8, 2025, subject to shareholder approval.
The stock is currently trading well above its 52-week low of Rs 1,700 but remains below its 52-week high of Rs 3,725.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
