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PNN
New Delhi [India], November 11: Mold-Tek Technologies Limited reported its highest-ever quarterly consolidated revenue in Q2 FY 202627, with revenue increasing by 51.2% year-on-year to 60.81 crore. Consolidated Profit After Tax (PAT) surged by 197.32% to 9.62 crore, marking the Companys highest-ever quarterly profit in the history of the company. Notably, the PAT recorded in Q2 FY 202627 was almost equivalent to the Companys entire full-year profit for FY 202526, underscoring the significant improvement in its financial performance. The Companys consolidated EBITDA also reached a record high of 14.58 crore during the quarter, registering a growth of 144.5% compared with 5.96 crore in the corresponding quarter of the previous year. The Companys earnings per share (EPS), adjusted for the 1:1 bonus issue, stood at 1.67 for Q2 FY 202627, compared with 0.56 in the corresponding quarter of the previous year, reflecting a growth of 197.32% in per-share earnings. This performance reflects the continued execution of the Companys strategy, centred on business diversification, operational excellence and expansion into higher-value engineering services. Strong project execution, improved resource utilisation and healthy business momentum have contributed to growth across its business segments. The Companys order pipeline remains encouraging across Civil & Structural Engineering and Mechanical Engineering. With continued expansion into higher-value engineering services, a strong balance sheet and a focus on operational excellence, Mold-Tek remains well-positioned to sustain profitable growth and create long-term value for its shareholders. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)
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