After the company reported the consolidated net profit dropped 29.47% to Rs 35.36 crore in the October-December quarter of FY23 from Rs 50.13 crore in the October-December quarter of FY22, then PSP Projects dropped 4.59% to Rs 681.15. However, revenue from operations stood at Rs 500.15 crore in the October-December quarter of FY23, registering a growth of 3% on a YoY basis.
- Shares of Shriram Pistons skyrocketed 9% on Acquiring Antolin Lighting
- Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others
- Overnight Stock Market Movements: Key DevelopmentsΒ
- Stocks Under F&O Ban: Bandhan Bank, and Others
- India, Canada Hold Talks to Resume Trade Pact Negotiations
Profit before tax stood at Rs 48.25 crore in the October-December quarter of FY23, down 26.8% from Rs 65.91 crore in the October-December quarter of FY22. Total expenses increased 6.9% YoY to Rs 458.34 crore in the third quarter of FY23.
The company offers a diversified range of allied and construction services across institutional, industrial, residential projects, government residential, and government all over the country.
Live