56 minutes ago
PNC Infrastructure reported a decline in first-quarter net profit despite higher revenue and EBITDA, while the company secured five new orders in FY27 so far.
2 Min Read
Infrastructure development firm PNC Infrastructure reported a 23% year-on-year decline in net profit to ₹331.95 crore for the first quarter of FY27, compared with ₹431.41 crore in the year-ago period.
However its revenue increased 19% year-on-year to ₹1,688.46 crore from ₹1,422.80 crore. EBITDA also rose 42% to ₹523.53 crore from ₹367.43 crore, while the EBITDA margin improved to 31% from 25.8% a year earlier.
In FY27 so far, the company said that it has secured five new orders, including two Hybrid Annuity Model (HAM) projects from the Highways Authority of India and three engineering, procurement and construction (EPC) projects from the Airports Authority of India and other authorities.
The total value of these new projects stands at ₹4,259 crore.
Meanwhile, the company has fixed September 23, 2026, as the record date for determining shareholders' entitlement to the final dividend for FY26.
The final dividend, as recommended by the board, is subject to shareholder approval at the company's 27th Annual General Meeting scheduled for September 30, 2026.
Earlier on May 12, the infrastructure company had informed exchanges that it has executed a settlement agreement with the Highways Authority of India for a one-time settlement of ₹234.99 crore in connection with the Agra Bypass Project under the Vivad-se-Vishwas III (Contractual Disputes) Scheme.
The settlement amount of ₹234,99,03,465 will be received by PNC Infratech from NHAI as part of the agreement, the company had informed.
Shares of PNC Infratech Ltd closed at ₹223.97 on August 7, 2026, down 6.59% in the session.
Also Read: UPI users to face no transaction charges; P2P payments to remain free : Govt
