2 stories mentioning NSE:MAHEPCUpdated 39d ago
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Mahindra EPC Irrigation (NSE:MAHEPC, BOM:523754) has secured an order worth 33.0 million Indian rupees from the Water Resource Division, India, according to a Wednesday filing to the Indian stock exchanges.The contract is for the supply of micro pressurized irrigation systems for 80 hectares of land.The project is expected to be completed in 11 months.
Mahindra EPC Irrigation (NSE:MAHEPC, BOM:523754) recorded a decline in its consolidated profit after tax to 47.9 million Indian rupees in the fiscal fourth quarter ended March 31, against 62.5 million rupees a year ago.Earnings per share slipped to 1.71 rupees compared with the year-ago figure of 2.24 rupees, according to a Tuesday filing to the Indian stock exchanges by the end-to-end irrigation and water management solutions provider.Revenue from operations in fiscal Q4 increased to 1.07 billion rupees from 958.9 million rupees a year earlier.Shares of the company were up nearly 2% in after-market hours.
