PNC Infratech has received affirmation in credit ratings from CARE for bank facilities of Rs 6,700 crore at CARE AA+; Stable/ CARE A1+. Powered by Capital Market - Live News

Net profit of PNC Infratech rose 32.44% to Rs 185.00 crore in the quarter ended December 2023 as against Rs 139.69 crore during the previous quarter ended December 2022. Sales rose 13.50% to Rs 2046.64 crore in the quarter ended December 2023 as against Rs 1803.28 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales2046.641803.28 13 OPM %21.1119.12 - PBDT279.35242.79 15 PBT235.47198.40 19 NP185.00139.69 32 Powered by Capital Market - Live News

PNC Infratech will hold a meeting of the Board of Directors of the Company on 6 February 2024.Powered by Capital Market - Live News

PNC Infratech has received Letter of Award dated 16 January 2024 from M.P. Road Development Corporation (MPRDC) for Construction of Western Bhopal Bvpass as 4-lane with paved shoulders along with service road starts from km 424.0 of Jabalpur-Bhopal Road (NH-46) and end at km 21.0 of Bhopal-Dewas Road (SH-28) with a Design length of 40.90 km in the State of Madhya Pradesh on Hybrid Annuity Mode (HAM). The bid project cost is Rs 1174 cr. Powered by Capital Market - Live News

PNC Infratech announced that a project namely Rehabilitation and Up- gradation from 2 to 4 laning of NH Stretch under NHDP-IVB for Unnao-Lalganj Section of new NH-31 (old NH-232A) on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojana in the State of Uttar Pradesh from Design Chainage Km0.000 to km 70+000 executed by one of its subsidiary companies namely `PNC Unnao Highways` (Concessionaire) has provisionally been completed. Accordingly, `Provisional Completion Certificate` (PCOD) dated23 December 2023 declaring the Project fit for entry into commercial operations with effect from 12 October 2023 has been issued by the Independent Engineer on 25 December 2023.Powered by Capital Market - Live News