Modern Engineering & Projects
33.20
-1.46(-4.21%)
Market Cap₹9.40 Cr
PE Ratio19.22
IndustryConstruction
Company Performance:
1D-4.21%
1M-11.70%
6M+0.67%
1Y-39.16%
5Y+584.54%
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Latest news about Modern Engineering & Projects
Modern Engineering & Projects Limited Reports Strong Q1 Results with 96% Revenue Growth 1 day ago
Modern Engineering & Projects Limited (MEPL) announced strong Q1 financial results with total revenue reaching ₹3,106.25 crore, a 96% increase year-over-year. Revenue from operations rose to ₹3,004.32 crore, up 107.3%. Profit for the quarter increased by 64% to ₹181.27 crore. The company's performance reflects robust growth across key financial metrics, indicating strong project execution and order book growth in the infrastructure sector. MEPL's operations span transportation engineering, civil construction, and various infrastructure projects, including significant joint ventures in road construction and water treatment.