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Power Mech Projects Ltd reported revenue from operations of ₹1,609 Cr (+30.0% YoY) and net profit of ₹87.8 Cr (+12.4% YoY) for Q2 FY27.
Power Mech Projects' Saudi subsidiary won an international erection contract from an Elsewedy Electric and Sinohydro joint venture for the Rabigh 2 IPP Expansion, with aggregate value of about USD 52.1 million (~INR 492 Crore). The contract runs 20 months from January 2027.
Power Mech Projects will hold a board meeting on November 11, 2026, to consider Q2 and H1 FY27 unaudited results. The trading window stays closed until November 13, 2026.
Power Mech secured a ₹327.35 Crore O&M contract from Vedanta Aluminium for 130 MW coal-fired plant. The 48-month engagement strengthens recurring revenue from key client relationships.
Power Mech Projects issued a Rs.469 Crore corporate guarantee for subsidiary KTMPL's project loans from RBL Bank and IDFC First Bank. The guarantee secures Capex for a Coal Handling Plant, railway siding, and R&R Colony.
The company filed its quarterly shareholding pattern for the period ending September 30, 2026, as required by SEBI Regulation 31.
Power Mech Projects secured an O&M order from Moxie Power Generation Limited worth ₹549.37 Crore. The contract spans 60 months for a 1,200 MW power plant.
Power Mech reported Q1 FY27 revenue of ₹1,624 Cr, up 26% YoY, driven by civil infra and industrial EPC. PAT rose 11% to ₹89 Cr, despite margin compression from material costs.
Power Mech Projects secured an order worth ₹279.20 Crore from Telangana Power Generation Corporation Limited for comprehensive operation and maintenance services.
Power Mech Projects Limited successfully concluded its 27th Annual General Meeting on September 17, 2026, discussing agenda items including dividends and employee stock option plans.
Power Mech Projects Ltd has submitted a revised copy of its Annual Report for FY 2025-26. The revisions are limited to editorial and design enhancements.