Power Mech Projects Limited has informed the Exchange regarding Board meeting held on August 08, 2025.
POWERMECH · price
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Power Mech Projects' board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, revenue from operations rose modestly to Rs. 905.27 crores (vs Rs. 857.08 crores in Q1 FY25), but profit after tax declined to Rs. 49.79 crores (vs Rs. 57.59 crores), with EPS at Rs. 15.75. On a consolidated basis, revenue jumped ~28% YoY to Rs. 1,293.41 crores and PAT grew ~30% to Rs. 80.55 crores, though overseas subsidiaries dragged with a Rs. 15.58 crore loss. The board also appointed former BHEL CMD Mr. Bontha Prasada Rao as an Independent Director (3-year term), elevated President Mr. Rohit Sajja (son of CMD Kishore Babu Sajja) to Whole-time Director, and re-appointed Mr. Kishore Babu Sajja as Managing Director for another 5 years from April 1, 2026. Statutory auditors Brahmayya & Co issued an unmodified limited review report.
Consolidated growth of ~28% in revenue and ~30% in PAT signals strong group-level momentum, but standalone profit dip and overseas losses temper the picture. The elevation of the CMD's son to the board and re-appointment of the promoter as MD for 5 years reinforces family control, which may draw governance attention from some investors.