The Board of Directors of Power Mech Projects Limited approved the unaudited financial results for the quarter and nine months ended December 31, 2025. Key highlights show consolidated revenue of ₹1,432.99 crore for the quarter. Furthermore, the Board approved the proposal to change the Company’s Registrar and Share Transfer Agent (RTA) from KFin Technologies Limited to Venture Capital and Corporate Investments Private Limited (VCCIPL).
Board Outcome: Financial Results and RTA Change
At the meeting held on Tuesday, February 10, 2026, the Board of Directors of Power Mech Projects Limited approved the unaudited financial results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025.
Key Consolidated Financial Highlights (Q3 FY2026 vs. Previous Periods)
The unaudited consolidated financial performance reveals robust figures for the quarter ended December 31, 2025:
- Total Income: ₹1,432.99 crore (compared to ₹1,248.80 crore in the previous quarter and ₹1,346.90 crore in the corresponding previous year quarter).
- Profit for the Period After Tax (PAT): ₹99.62 crore (compared to ₹78.11 crore in the previous quarter).
- Total Comprehensive Income: ₹100.53 crore.
For the Nine Months Ended December 31, 2025, the consolidated total income stood at ₹3,986.58 crore, resulting in a PAT of ₹258.26 crore.
Change in Registrar and Share Transfer Agent (RTA)
The Board also approved a critical administrative change: the proposal to appoint Venture Capital and Corporate Investments Private Limited (VCCIPL) as the new RTA, replacing the incumbent KFin Technologies Limited (“Kfin”).
Rationale for RTA Change
The decision followed an evaluation of operational and financial parameters. Kfin has been associated with the Company since the Initial Public Offer, and its tenure has now been completed. The Board approved the appointment of VCCIPL to take over the responsibilities. Kfin will continue to serve as RTA until the formal handover of data and charge to VCCIPL is complete.
Effective Date
The effective date for this change in RTA will be communicated to the Stock Exchanges in due course, subsequent to the execution of definitive agreements.
Auditor’s Review Confirmation
The independent auditors, Brahmayya & Co, issued an unmodified conclusion on the reviewed consolidated financial results. The review confirms that the results are prepared in accordance with Indian Accounting Standards (Ind AS 34).
Notes on Financial Reporting
The management noted that figures for previous periods have been regrouped as necessary. The Board also addressed the assessment of the impact from the four notified labour codes, recognizing an incremental liability of ₹3.56 crores towards gratuity and leave encashment for the parent company for the quarter and nine months ended December 31, 2025.
The Board Meeting commenced at 2:00 p.m. (IST) and concluded at 7:15 p.m. (IST).
Source: BSE
