Expo Engineering And Projects Ltd
📈 Expo Engineering & Projects: New ₹14.53 Cr Order & Strong 9M Margins
• Secured work order worth ₹14.53 crore from Indian Oil Corporation Limited for tank maintenance and inspection services.
• Nine-month revenue from operations: ₹50.94 crore.
• Q3 revenue: ₹18.10 crore.
• EBITDA margin expanded 402 basis points to 10.67% for nine months.
• PAT margin increased 256 basis points to 4.72% for nine months.
• Q3 EBITDA margin: 8.43%.
• Q3 PAT margin: 2.82%.
• EBITDA grew 9.14% year-on-year to ₹5.44 crore for nine months.
• Profit After Tax (PAT) increased 48.70% year-on-year to ₹2.40 crore for nine months.
• Growth attributed to cost controls, operational efficiencies, and better working capital management.