Patel Engineering Q4 Results: During the January–March quarter of the previous fiscal year, the company’s income from operations increased by 11% to Rs 1,343.18 crore from Rs 1,205.06 crore.
Q4 Net Profit Revenue ebidta nse bse nifty sensex Patel EngineeringQ4 Net Profit Revenue ebidta nse bse nifty sensex Patel Engineering
Patel Engineering Q4 Results:
Due to increased revenues, Patel Engineering Ltd. reported on Saturday a 78% increase in its consolidated net profit after tax to Rs 140.35 crore for the quarter ending in March 2024.
According to an exchange filing, the company reported “net profit after tax (PAT) from continuing operations” of Rs 78.83 crore for the previous year.
Additionally, the company’s operating revenue increased by 11% to Rs 1,343.18 crore from Rs 1,205.06 crore. in the January–March fiscal quarter of the previous year, 2022–2023.
As of March 31, 2024, its total order book was Rs 18,663 crore.
CFO and Whole Time Director Kavita Shirvaikar stated, “The company achieved significant progress in the most recent quarter. Our strong financial results highlight our commitment to strict cost control and skill in seizing opportunities. We continue to have a positive outlook on our company’s future, which drives our vision, and we are strengthening our financial plans to be more resilient in the market.
The engineering, procurement, and construction company with its headquarters in Mumbai is well-known for its work on tunnels and subterranean construction for hydroelectric and dam projects.
Account opning link:
- Groww Account- https://app.groww.in/v3cO/kyrp1zph
- Kotak neo Account https://kotaksecurities.ref-r.com/c/i/32531/109103906
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