Power Mech Projects is currently trading at RS. 3163.65, marking a sharp gain of RS. 216.85 or 7.36% from its previous close of RS. 2946.80 on the BSE.
The stock opened at RS. 3350.05 and recorded a high of RS. 3380.00 and a low of RS. 3085.00 during the session. So far, 52,503 shares have been traded.
A BSE group 'A' stock with a face value of RS. 10, Power Mech Projects touched a 52-week high of RS. 3725.00 on August 23, 2024, and a 52-week low of RS. 1698.85 on March 3, 2025. In the past week, the stock has ranged between RS. 3380.00 and RS. 2848.85. The company’s current market capitalization stands at RS. 10021.42 crore.
The promoter shareholding in the company is 58.28%, while institutional and non-institutional investors hold 28.14% and 13.58%, respectively.
The company's strong rally is supported by its impressive financial results. Power Mech Projects reported a 32.59% increase in standalone net profit at RS. 107.48 crore for the quarter ended March 31, 2025, compared to RS. 81.06 crore in the same period last year. Total income also rose by 24.72% to RS. 1548.75 crore from RS. 1241.82 crore.
On a consolidated basis, the company posted a 53.76% surge in net profit at RS. 129.79 crore for Q4FY25, up from RS. 84.41 crore in Q4FY24. Consolidated income jumped 42.55% to RS. 1870.01 crore from RS. 1311.86 crore year-on-year.
For the full financial year ended March 31, 2025, Power Mech reported a 24.90% rise in standalone net profit to RS. 300.55 crore from RS. 240.64 crore. Standalone income for the year grew by 10.12% to RS. 4501.38 crore compared to RS. 4087.54 crore in FY24.
On a consolidated annual basis, net profit rose 39.92% to RS. 347.55 crore, and total income increased by 24.67% to RS. 5279.14 crore for FY25, compared to RS. 248.39 crore and RS. 4234.40 crore respectively in FY24.