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PNC Infra Q4 net profit dips 77% to Rs 34 cr

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Press Trust of India New Delhi
PNC Infra's net profit shrinked 77 per cent to Rs 33.74 crore during the fourth quarter ended March 31, 2017.

The company had posted a net profit after taxes, minority interest and share in profit/(loss) of associates of Rs 145.58 crore during the same period a year ago, it said in a BSE filing.

The firm's total income during the January-March quarter was at Rs 361.15 crore, down 39 per cent from Rs 598.60 crore in the year-ago quarter.

However, its total expenses were also down at Rs 325.52 crore from Rs 539.33 crore in 2015-16.

Shares of the company ended 1.15 per cent down at Rs 145.50 on BSE.

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First Published: Jun 01 2017 | 7:07 PM IST

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