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Hyd: APHMEL posts record Rs 23.33 cr profit, cumulative profits reach Rs 60.85 cr

Hyderabad, Sept 21 (UNI) Andhra Pradesh Heavy Machinery and Engineering Limited (APHMEL), a subsidiary of Singareni Collieries Company Limited (SCCL), has recorded its highest-ever net profit of Rs 23.33 crore in 2025-26, marking a turnaround for the company that had once faced closure with accumulated losses of about Rs 21 crore. The company has posted profits for three consecutive years, earning Rs 1.05 crore in 2023-24, Rs 9.87 crore in 2024-25 and Rs 23.33 crore in 2025-26. Its cumulative profits since coming under Singareni's control have now reached Rs 60.85 crore, the company said in a release on Monday. APHMEL,…

News Details

Words:
101
Type:
TEXT
Slug:
BUSINESS TELANGANA APHMEL
Source
UNI India
Category
,
Published At
21/09/26 11:16
Last updated
21/09/26 11:16
Location
Hyderabad, India