
The first order, worth ₹498.39 crore, has been awarded by SJVN Thermal (P) Ltd for commissioning support and comprehensive O&M of the coal-based supercritical Buxar thermal power project (2 x 660 MW) located at Chausa in Buxar district, Bihar. The execution period for this contract is 39 months.
Also Read: Power Mech Projects shares surge after winning ₹972 crore project in Telangana
The second order, valued at ₹52.96 crore, has been received from Jhabua Power Limited, a joint venture of NTPC Limited. This involves the operation and maintenance of the boiler, turbine, and generator of a 1×600 MW unit situated in Seoni district, Madhya Pradesh. The contract is for a period of 3 years, with a provision for a 1-year extension.Fourth Quarter Results
Power Mech Projects; net profit rose 53.8% year-on-year to ₹129.8 crore, up from ₹84.4 crore a year earlier. The strong bottom-line growth was supported by a sharp rise in topline as well as stable operating margins.
Revenue for the quarter stood at ₹1,853.3 crore, registering a 42.4% jump compared to ₹1,301.5 crore in Q4FY24, reflecting strong execution momentum across key segments.
Also Read: Power Mech Projects Q4 Results: Profit surges 54% YoY, revenue up; dividend declared
The company also saw a healthy operating performance, with EBITDA rising 44.3% YoY to ₹215.7 crore from ₹149.5 crore in the year-ago period. Margins remained steady at 11.6%, compared to 11.5% reported last year, indicating efficient cost management.
Shares of Power Mech Projects Ltd ended at ₹3,227.80, down by ₹82.30, or 2.49%, on the BSE.
First Published: Jul 14, 2025 8:28 PM IST