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PNC Infratech Q2 results: Net profit rises 11.9% to Rs 147.90 crore

The company had posted consolidated net profit (from continuing operations) of Rs 132.12 crore in the corresponding quarter of the previous financial year

Construction of the Kanpur-Lucknow expressway is expected to start from December this year, as nearly 70 per cent of the land acquisition is complete.

The consolidated income of the company during the July-September period increased to Rs 1,932.35 crore, over Rs 1,819.15 crore in the year-ago period, PNC Infratech said in a regulatory filing

Press Trust of India New Delhi

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PNC Infratech on Tuesday reported an 11.9 per cent increase in consolidated net profit at Rs 147.90 crore for the quarter ended September 30, 2023.

The company had posted consolidated net profit (from continuing operations) of Rs 132.12 crore in the corresponding quarter of the previous financial year.

The consolidated income of the company during the July-September period increased to Rs 1,932.35 crore, over Rs 1,819.15 crore in the year-ago period, PNC Infratech said in a regulatory filing.

PNC Infratech is a domestic infrastructure company engaged in the execution of projects in core infrastructure sectors including expressways, highways, bridges, flyovers, airport runways, water supply, industrial area development and other infrastructure activities.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 31 2023 | 5:23 PM IST

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