New Delhi, May 21 (PTI) Power Mech Projects Ltd on Saturday posted a 31 per cent jump in consolidated net profit at Rs 47.2 crore during the quarter ended March 31, 2022, helped by higher income.

The company had clocked Rs 36 crore net profit in the January-March quarter of the 2020-21 financial year, Power Mech Projects said in a regulatory filing.

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Its total income during the said period rose to Rs 905.4 crore, from Rs 759.9 crore a year ago.

The expenses were at Rs 841 crore, as against Rs 711 crore in the year-ago period. Power Mech Projects Limited, is one among the leading infrastructure-construction companies based in Hyderabad with a global presence.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)