Power Mech Projects Ltd consolidated Q3 FY22 PAT jumps to Rs. 32.88 crores

Power Mech Projects Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 649.973 crores during the period ended December 31, 2021 as compared to Rs. 544.298 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 32.88 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 27.08 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 22.35 for the period ended December 31, 2021 as compared to Rs. 18.41 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 649.973 crs	₹544.298 crs	19.41%
Net Profit	₹32.88 crs	₹27.08 crs	21.42%
EPS	₹22.35	₹18.41	21.40%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 649.973 crores during the period ended December 31, 2021 as compared to Rs.517.917 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.32.88 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.3.132 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.22.35 for the period ended December 31, 2021 as compared to Rs.2.13 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 649.973 crs	₹517.917 crs	25.50%
Net Profit	₹32.88 crs	₹3.132 crs	949.81%
EPS	₹22.35	₹2.13	949.30%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1822.327 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1142.320 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.91.399 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-81.257 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.62.13 for the 9 Months period ended December 31, 2021 as compared to Rs.-55.24 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1822.327 crs	₹1142.320 crs	59.53%
Net Profit	₹91.399 crs	₹-81.257 crs	212.48%
EPS	₹62.13	₹-55.24	212.47%

Shares of Power Mech Projects Limited was last trading in BSE at Rs. 925.80 as compared to the previous close of Rs. 935.45. The total number of shares traded during the day was 912 in over 213 trades.

The stock hit an intraday high of Rs. 932.90 and intraday low of 909.40. The net turnover during the day was Rs. 846272.00.

Source : Equity Bulls

Keywords

PowerMechProjects Q3FY22 9MFY22 ResultUpdate