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POWERINDIA
's order at ₹11,594.3 crore were up 838.8% year-on-year (YoY).
Revenue for the company came in at ₹1,672.4 crore, up 31% YoY against ₹1,276.4 crore in the year-ago period.
The company added that the increase in revenue was on the back of the execution mix and improving operational efficiencies.
A concerted focus on collections has borne fruit, which, in addition to the advance from the HVDC project, has led to a solid cash position and the company becoming debt-free as of December 31, 2024.
Profit after tax (PAT) came in at ₹137.4 crore, up 498.1% YoY, while operating EBITDA (earnings before interest, taxes, depreciation, and amortization) jumped 108.5% YoY to ₹168.9 crore.
Operating EBITDA margin increased to 10.1% against 6.3% in the year-ago period.#WatchOutFor#StockInNews#FundamentalViews#Post-ClosingCommentary#TrendingSectors
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