New Delhi, Feb. 13 -- Shares of Patel Engineering, a leading infrastructure and construction company, surged 6% in intraday trade on February 13 to Rs.48.51 apiece following the release of its December quarter performance.

For Q3 FY25, Patel Engineering's consolidated revenue from operations stood at Rs.1,205.5 crore, up 13.62% year-on-year (YoY) from Rs.1,061 crore in Q3 FY24. The company's consolidated operating EBITDA increased by 29.50% to Rs.184 crore, compared to Rs.142.1 crore in the previous year.

Consequently, the operating EBITDA margin improved to 15.26% from 13.39% in Q3 FY24, while the net profit for Q3 FY25 rose to Rs.80.4 crore from Rs.70.2 crore a year ago. Additionally, the company successfully reduced its interest cost...