Power Mech Projects has reported its audited consolidated financial results for the quarter and year ended March 31, 2026. The company's net profit for the full year improved to ₹411.68 crore, compared to ₹347.55 crore in the previous year. Revenue from operations for the year stood at ₹6,061.57 crore, up from ₹5,234.14 crore year-on-year.

Financial Performance Overview

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹153.41 crore, compared to ₹129.79 crore in the same period of the previous year. Consolidated revenue from operations for the quarter stood at ₹2,110.73 crore against ₹1,853.28 crore year-on-year. On a standalone basis, net profit for the quarter was ₹97.60 crore on revenue of ₹1,586.90 crore.

On a standalone basis, net profit for the year was ₹298.37 crore, with revenue from operations at ₹4,727.65 crore.

Key Financial Metrics

The following table summarizes the financial performance for the year ended March 31, 2026:

Dividend and Appointments

The Board of Directors approved a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. Additionally, the Board appointed M/s. M P R & Associates, Cost Accountants, as Cost Auditors for the financial year 2026-27, subject to ratification by shareholders.

Auditor and Board Decisions

The statutory auditors, M/s. Brahmayya & Co, issued an unmodified opinion on both the standalone and consolidated financial results. The company clarified that the financial results were reviewed and recommended by the Audit Committee and approved by the Board at its meeting held on May 20, 2026.

Power Mech Projects has announced a major contract win from South Western Railway, securing an order valued at ₹227.95 crores for the construction of a specialized maintenance depot for Vande Bharat sleeper trains. This significant infrastructure project demonstrates the company's continued expansion in the railway sector and its capability to handle advanced rail infrastructure requirements.

Project Details

The contract encompasses the complete development of a maintenance facility specifically designed for Vande Bharat sleeper trains, representing a crucial component of India's railway modernization efforts. The project specifications and key parameters are outlined below:

Strategic Significance

This order win positions Power Mech Projects as a key player in supporting India's advanced train manufacturing and maintenance infrastructure. The Vande Bharat sleeper trains represent a significant advancement in Indian railway technology, requiring specialized maintenance facilities with modern equipment and infrastructure.

The 30-month completion timeline indicates the comprehensive nature of the project, which will likely involve sophisticated engineering solutions and state-of-the-art maintenance equipment installation. This contract adds substantial value to Power Mech Projects' order book and reinforces its expertise in railway infrastructure development.

Company Portfolio Enhancement

The South Western Railway contract further strengthens Power Mech Projects' presence in the railway construction sector. The company's ability to secure specialized infrastructure projects demonstrates its technical capabilities and established relationships with major railway authorities across India.