Patel Engineering’s Q4 Net Profit Drops 73% Amid Rising Costs
Patel Engineering Ltd has reported a sharp decline in net profit, with earnings falling 73% year-on-year in Q4 FY25, primarily due to higher provisions and rising expenses. Financial Performance Overview The company’s net profit dropped to ₹34.7 crore, compared to ₹140.9 crore in Q4 FY24. However, total income surged 19% YoY, reaching ₹1,637.2 crore, up…
