Total expenses increased 139% YoY to Rs 215.48 crore during the quarter. Employee benefits expense rose 27.3% to Rs 9.89 crore, while other expenses climbed 134.3% to Rs 30.43 crore compared with the same period last year, reflecting higher business activity levels.
RMC Switchgears is primarily engaged in the business of switchgear engineering and ECI contracts for the power distribution/transmission sector.
Shares of RMC Switchgears declined 5.41% to settle at Rs 681.15 on the BSE.
Powered by Capital Market - Live News