PNC Infratech Q4 PAT down 47 pc to Rs 90 cr
For fiscal year 2019-20, PNC Infratech's consolidated PAT increased 57 per cent to Rs 550 crore. 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..
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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.
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.
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..
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