Latest News | PNC Infratech Q4 PAT Down 47 Pc to Rs 90 Cr

Get latest articles and stories on Latest News at LatestLY. PNC Infratech on Wednesday reported a 46.79 per cent decline in consolidated profit after tax (PAT) at Rs 90 crore for the quarter ended March 31, 2020.

New Delhi, Jun 24 (PTI) PNC Infratech on Wednesday reported a 46.79 per cent decline in consolidated profit after tax (PAT) at Rs 90 crore for the quarter ended March 31, 2020.

The company had posted a consolidated PAT of Rs 169 crore during the corresponding quarter a year ago, it said in a regulatory filing to the BSE.

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Its revenue during the quarter under review increased to Rs 1,347 crore from Rs 1,270 crore in the corresponding quarter a year ago.

For fiscal year 2019-20, PNC Infratech's consolidated PAT increased 57 per cent to Rs 550 crore.

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The company said it has received completion certificates for a HAM (hybrid annuity mode) project and one EPC (engineering, procurement and construction) project awarded by the National Highways Authority of India during FY20.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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