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Power Mech Projects bags ₹551 crore orders from SJVN Thermal and Jhabua PowerThe second order, valued at ₹52.96 crore, has been received from Jhabua Power Limited, a joint venture of NTPC Limited. This involves the operation and maintenance of the boiler, turbine, and generator of a 1x600 MW unit situated in Seoni district, Madhya Pradesh. Shares of Power Mech Projects Ltd ended at ₹3,227.80, down by ₹82.30, or 2.49%, on the BSE.By Jomy Jos Pullokaran   July 14, 2025, 8:32:37 PM IST (Updated)2 Min ReadInfrastructure services firm, Power Mech Projects Limited on Monday (July 14) said it has secured two operation and maintenance (O&M) contracts totalling ₹551.35 crore (excluding taxes, duties, levies, cess, and GST).

The first order, worth ₹498.39 crore, has been awarded by SJVN Thermal (P) Ltd for commissioning support and comprehensive O&M of the coal-based supercritical Buxar thermal power project (2 x 660 MW) located at Chausa in Buxar district, Bihar. The execution period for this contract is 39 months.

Also Read: Power Mech Projects shares surge after winning ₹972 crore project in Telangana

The second order, valued at ₹52.96 crore, has been received from Jhabua Power Limited, a joint venture of NTPC Limited. This involves the operation and maintenance of the boiler, turbine, and generator of a 1x600 MW unit situated in Seoni district, Madhya Pradesh. The contract is for a period of 3 years, with a provision for a 1-year extension.

Fourth Quarter Results

Power Mech Projects; net profit rose 53.8% year-on-year to ₹129.8 crore, up from ₹84.4 crore a year earlier. The strong bottom-line growth was supported by a sharp rise in topline as well as stable operating margins.

Revenue for the quarter stood at ₹1,853.3 crore, registering a 42.4% jump compared to ₹1,301.5 crore in Q4FY24, reflecting strong execution momentum across key segments.

Also Read: Power Mech Projects Q4 Results: Profit surges 54% YoY, revenue up; dividend declared

The company also saw a healthy operating performance, with EBITDA rising 44.3% YoY to ₹215.7 crore from ₹149.5 crore in the year-ago period. Margins remained steady at 11.6%, compared to 11.5% reported last year, indicating efficient cost management.

Shares of Power Mech Projects Ltd ended at ₹3,227.80, down by ₹82.30, or 2.49%, on the BSE.Continue ReadingFirst Published: Jul 14, 2025 8:28 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market today