PNC Infratech Ltd’s net profit drops 46% to Rs 90 cr for Q4FY20

New Delhi: PNC Infratech Ltd’s consolidated net profit dropped 46 percent to Rs 90 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 168 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated revenues from operations increased 6 percent to Rs 1,346 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 1,270 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated net profit jumped 56 percent to Rs 549 crore for the entire fiscal 2019-20 as compared to a net profit of Rs 351 crore in the previous fiscal.

The company’s consolidated revenues from operations jumped 48 percent to Rs 5,602 crore for the entire fiscal 2019-20 as compared to Rs 3,774 crore in the previous fiscal.

The consolidated total expenses of the company jumped to Rs 1,245 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 1,125 crore in the corresponding quarter of the previous fiscal. The consolidated total expenses of the company jumped to Rs 5,065 crore in the 2019-20 fiscal as compared to Rs 3,461 crore in the previous fiscal, the company said in a regulatory filing.

 

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