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17/10/2025 18:40

Mahindra EPC Irrigat posts Q2 net profit of Rs 0.43 cr

The company reported standalone net profit during the quarter stood at Rs 0.43 crore compared to net loss of Rs 2.76 crore in the previous year quarter.

Net revenue of the company declined by 0.88 per cent at Rs 49.58 crore in July-September quarter of this fiscal as against Rs 50.02 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 8.95 per cent to Rs 48.23 crore from Rs 52.97 crore in year ago period.

Other Income grew by 30.16 per cent at Rs 0.82 crore versus (Sep'24 Rs 0.63 crore).

Operating Profit surged by 145.76 per cent to Rs 1.35 crore as against Rs -2.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 146.10 per cent in September quarter.

Interest grew by 37.93 per cent y-o-y to Rs 0.80 crore, while Taxation increased by 115.79 per cent at Rs 0.15 crore (Sep'24 Rs -0.95 crore).