Power Mech Projects has reported a sharp rise in quarterly profit, with standalone net profit nearly doubling in the second quarter of financial year 2027. The Hyderabad-based infrastructure and power services company posted standalone net profit after tax of Rs 117.90 crore for the quarter ended 30 September 2026, against Rs 64.36 crore in the same quarter last year, an increase of about 83 per cent.

The results, approved by the company's board on Wednesday, 11 November 2026, showed strong growth on the top line as well. Consolidated revenue for the quarter reached Rs 1,609.34 crore, up from Rs 1,237.87 crore a year earlier, while standalone revenue stood at Rs 1,452.38 crore. Total consolidated income for the quarter was Rs 1,617.34 crore.

Strong first half

For the six months ended 30 September 2026, Power Mech reported consolidated revenue of Rs 3,233.01 crore and consolidated net profit of Rs 177.07 crore. On a standalone basis, half-year revenue was Rs 2,600.09 crore and standalone net profit after tax reached Rs 213.54 crore.

Power Mech Projects provides erection, testing and commissioning services for power plants, along with civil construction, operation and maintenance, and mining services. Its order book has been supported in recent months by large contracts in the thermal power sector.

Shares move after results

Shares in Power Mech Projects rose about 1 per cent to Rs 2,447 on the National Stock Exchange shortly after the results were published on Wednesday, before closing the session at Rs 2,392.30. The stock has traded in a wide range this year, with a 52-week high of Rs 3,007.50 and a 52-week low of Rs 1,717.70.

Investors will now watch for the company's guidance on execution and new orders in the second half of the financial year, as India's power sector continues to add generation and transmission capacity.