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HomeNewsTop NewsPNC Infratech gains on order from NHAI worth Rs 750 cr

PNC Infratech gains on order from NHAI worth Rs 750 cr

PNC Infratech will engage in the construction of Eight Lane access-controlled expressway starting from Junction with NH-47 near Bhamaiya Village

PNC Infratech will engage in the construction of Eight Lane access-controlled expressway starting from Junction with NH-47 near Bhamaiya Village and ending at Junction with SH-175 in Baletiya Village in Panchmahal District section of Delhi – Vadodara Greenfield Alignment (NH-148N) on EPC mode under Bharatmala Pariyojana in the State of Gujarat for a contract value of Rs 748 crore

The appointment date was on 17 April 2021. The announcement was made on Saturday, 24 April 2021.

On a consolidated basis, PNC Infratech’s net profit jumped 159.5% to Rs 167.90 crore on a 13.8% rise in net sales to Rs 1,582.02 crore in Q3 FY21 over Q3 FY20.

PNC Infratech is engaged in infrastructure development through the construction of highways including BOT (built, operate and transfer projects), airport runways, bridges, flyovers and power transmission projects among others.

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