Patel Engineering Ltd is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures and other kinds of heavy civil engineering works in areas like hydro, irrigation & water supply, urban infrastructure and transport.
Financial Results:
- Patel Engineering Ltd reported Revenues for Q2FY24 of ₹1,021.00 Crores up from ₹830.00 Crore year on year, a rise of 23.01%.
- Total Expenses for Q2FY24 of ₹996.00 Crores up from ₹836.00 Crores year on year, a rise of 19.14%.
- Consolidated Net Profit of ₹38.00 Crores up 65.22% from ₹23.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.49, up 63.33% from ₹0.30 in the same quarter of the previous year.
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