Techno Electric & Engineering Co Ltd posted a net profit of Rs 17.78 crore in the April-June quarter against Rs 22.33 crore in the corresponding quarter last year. During the quarter, the power sector EPC outfit with presence in generation and transmission space, saw a dip in EPC business revenue at Rs 135 crore (Rs 161.6 crore).
The order book as on June 30 stood at Rs 900 crore. The company’s wind power revenue was up at Rs 58.47 crore (Rs 28.11 crore). Its consolidated PAT stood at Rs 40.7 crore (Rs 32.82 crore). TEECL along with its subsidiary Simran owns 207.35 MW of wind energy assets in Tamil Nadu and Karnataka.
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