Categories AlphaGraphs, Earnings, Realty

PNC Infratech Ltd Q3FY24; 32% rise in Profits

PNC Infratech Limited was incorporated on 9th August 1999 as PNC Construction Company Private Limited. The Company was converted into a limited company in 2001 and was renamed PNC Infratech limited in 2007. PNC Infratech Limited is one of the front-ending infrastructure development, construction, and management companies in the country. The company undertakes infrastructure projects, including highways, bridges, flyovers, power transmission lines and towers, airport runways, industrial area development, and other infrastructure activities.

Financial Results:

PNC Infratech Ltd reported Revenues for Q3FY24 of ₹2,047.00 Crores up from ₹1,803.00 Crore year on year, a rise of 13.53%.

Total Expenses for Q3FY24 of ₹1,828.00 Crores up from ₹1,625.00 Crores year on year, a rise of 12.49%.

Consolidated Net Profit of ₹185.00 Crores up 32.14% from ₹140.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.21, up 32.29% from ₹5.45 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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