CMPDI
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CMPDI forecasts 15% annual revenue growth
Coal India subsidiary State-run Central Mine Planning and Design Institute (CMPDI) expects to sustain 15% annual revenue growth while maintaining 40% earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins and 30% profit after tax (PAT) margins, as it expands its consultancy business into mineral processing and technology-led services.
CMPDI profits surge 54% YoY
CMPDI reported an 18% year-on-year increase in revenue from operations to Rs 481.4 crore in Q1 FY27, compared with Rs 409.3 crore in the same quarter last year. The company’s net profit witnessed a significant 54% YoY jump to Rs 116.3 crore, up from Rs 75.5 crore reported in the corresponding period of the previous year. Other income also rose 62% to Rs 22.7 crore from Rs 14.06 crore a year ago, further supporting the bottom-line growth.
Triveni Engineering demerges power unit
Triveni Engineering is set to demerge its power unit, with investors advised to buy shares for Triveni Power Transmission. The company reported a 54% jump in Q1 profit.
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