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 Total Income for Q4FY23 of ₹ 2,328 Crores up from ₹ 2,247 Crore year on year, a rise of 4%.
- Total Expenses for Q4FY23 of ₹ 2,084 Crores up from ₹ 1,936 Crores year on year, rise of 8%.
- Consolidated Net Profit of ₹ 146 Crores, down 41% from ₹ 247 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 5.59, down 42% from ₹ 9.64 in the same quarter of the previous year.