Patel Engineering has posted an over two-fold jump in consolidated net profit at Rs 71.49 crore during the March quarter, mainly on account of reduced expenses.
It had reported a net profit of Rs 32.80 crore in the January-March period of the preceding 2024-25 financial year.
The company reduced its expenses to Rs 1,311.3 crore from Rs 1,498.3 crore in the year-ago quarter, the infrastructure player said in an exchange filing on Thursday.
Total income was at Rs 1,456 crore as against Rs 1,637 crore in the year-ago quarter.
In a separate statement, the company said its net profit for the entire fiscal year rose by 21.60 per cent to Rs 294.50 crore from Rs 242.17 crore in FY25.
