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Engineering company Monadelphous Group Ltd (ASX:MND) has seen its share price rise more than 10 percent as it reported a rise in both profit and revenue for the 2024 fiscal year, with its two main divisions – Maintenance and Industrial Services and Engineering Construction – both reporting strong gains. Monadelphous told investors its net profit after tax had risen 16.2% in FY2024 to $62.2 million, while revenue was up 11% compared to the previous fiscal year, finishing at $2.03 billion. Of that, $1.32 billion in revenue came from Maintenance and Industrial Services – with this being a record …

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