Latest news with #TechnoElectric&EngineeringCompany
Business Standard
5 days ago
- Business
- Business Standard
Techno Electric bags 30-year revenue-sharing deal for 10MW data centre from RailTel Corp
Techno Electric & Engineering Company said that it has been selected by RailTel Corporation of India, a 'Navratna' central public sector enterprise, to be a Managed Service Data Centre Partner though open tender process on revenue sharing basis. As per the terms of the contract, the company will design, build, finance and operate 10MW data centre in phases on RailTels land in Noida. The period for executing the project is 1.5 to 3 years in two phases of 5 MW each. The total contract is for a period of 30 years, including the implementation period, and may be extended with the mutual consent. "The project will be set up under the digital platform arm of Techno Electric & Engineering Company Limited, named Techno Digital, the company said in a statement. Techno Electric & Engineering Company (TEECL) is a power infrastructure company in India, primarily focused on providing engineering, procurement, and construction (EPC) services across various segments of the power sector, including generation, transmission, and distribution. The companys consolidated net profit jumped 73.7% to Rs 134.65 crore on 85.6% increase in revenue from operations to Rs 815.79 crore in Q4 FY25 over Q4 FY24. The scrip rose 0.23% to currently trade at Rs 1463.95 on the BSE.
Business Standard
28-05-2025
- Business
- Business Standard
Techno Electric & Engg surges after Q4 PAT jumps 74% YoY to Rs 135 cr
Techno Electric & Engineering Company soared 8.19% to Rs 1,353.30 after the company's consolidated net profit jumped 73.7% to Rs 134.65 crore on 85.6% increase in revenue from operations to Rs 815.79 crore in Q4 FY25 over Q4 FY24. Profit before tax (PBT) surged 119.6% YoY to Rs 174.36 crore in Q4 FY25. Total expenses jumped 77.41% to Rs 694.51 crore in Q4 FY25 as compared with Rs 391.47 crore in Q4 FY24. Cost of material consumed stood at Rs 638.38 crore (up 75.68% YoY), employee benefit expenses was at Rs 21.46 crore (up 69.24% YoY), while finance cost stood at Rs 3.60 crore (down 15.69% YoY) during the period under review. On full year basis, the companys consolidated net profit jumped 57.5% to Rs 422.95 crore on 51% increase in revenue from operations to Rs 2,268.66 crore in FY25 over FY24. Meanwhile, the companys board recommended a final dividend of Rs 9 per equity share with a face value of Rs 2 each for FY25. Techno Electric & Engineering Company (TEECL) is a power infrastructure company in India, primarily focused on providing engineering, procurement, and construction (EPC) services across various segments of the power sector, including generation, transmission, and distribution.
Business Standard
28-05-2025
- Business
- Business Standard
Techno Electric & Engineering Company consolidated net profit rises 73.65% in the March 2025 quarter
Sales rise 85.57% to Rs 815.79 crore Net profit of Techno Electric & Engineering Company rose 73.65% to Rs 134.65 crore in the quarter ended March 2025 as against Rs 77.54 crore during the previous quarter ended March 2024. Sales rose 85.57% to Rs 815.79 crore in the quarter ended March 2025 as against Rs 439.62 crore during the previous quarter ended March 2024. For the full year,net profit rose 57.55% to Rs 422.95 crore in the year ended March 2025 as against Rs 268.46 crore during the previous year ended March 2024. Sales rose 51.00% to Rs 2268.66 crore in the year ended March 2025 as against Rs 1502.38 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 815.79439.62 86 2268.661502.38 51 OPM % 15.5312.37 - 14.9513.94 - PBDT 176.1881.39 116 488.68329.09 48 PBT 174.3679.40 120 480.63321.25 50 NP 134.6577.54 74 422.95268.46 58
