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02 May, 2025 11:42 IST
Petron Engineering bags order worth Rs 117.5 mn
Source: IRIS | 19 Aug, 2015, 10.29AM
Rating: NAN / 5 stars.
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Petron Engineering Construction, engaged in providing total solutions in engineering construction, announced Wednesday the company has received work order worth Rs 117.5 million. This order is from Shree Cement, Bewar, Rajasthan. The company will carry out civil construction work and reinforcement & M. S. steel work of Ball Mill Structure.

Recently, the company disclosed a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 3.52 times to Rs 100.40 million from Rs 28.50 million in the same quarter last year.

Revenues for the quarter rose 38.64% to Rs 1,241.20 million, compared with Rs 895 million for the prior year period.

Shares of the company gained Rs 6.6, or 2.71%, to trade at Rs 250.00. The total volume of shares traded was 601 at the BSE (10.23 a.m., Wednesday).

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