25 Jun 2019 | 10:30 PM

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COMPANYNEWS
PNC Infratech Q4 net profit up 25.48% at Rs 139.93 cr
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Published on 05-24-2019
The company reported standalone net profit of Rs 139.93 crore for the quarter ended March 31 2019 as compared to Rs 111.52 crore in the same period last year registering a year-on-year growth of 25.48 per cent.


Net revenue of the company rose substantially by 41.75 per cent at Rs 1075.71 crore in January-March quarter of this fiscal as against Rs 758.88 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 54.61 per cent to Rs 924.53 crore from Rs 597.97 crore in year ago period.


Other Income grew by 84.64 per cent at Rs 12.26 crore versus (Mar`18 Rs 6.64 crore).


Operating Profit slipped by 6.05 per cent to Rs 151.18 crore as against Rs 160.91 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 33.73 per cent in March quarter.


Interest grew by 127.17 per cent y-o-y to Rs 19.40 crore while Taxation decreased by 193.41 per cent at Rs -24.11 crore (Mar`18 Rs 25.81 crore).