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Bharat Road Network Q1FY19 PAT rises 15x to Rs. 727 lakhs

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Capital Market

On 14 August 2018

Bharat Road Network (BRNL), a leading roads and highways BOT company today reported growth of 15x Year-on-Year in its standalone Profit After Tax (PAT) at Rs. 727 lakhs during quarter ended 30 June 2018 as compared to Rs. 50 lakhs in corresponding quarter last year. The company witnessed a healthy growth in traffic across all its operating projects. The average daily traffic (ADT) in passenger car unit (PCU) terms grew by 10% Year-on-Year and toll revenue across portfolio increased by 9.6 % Year-on-Year to Rs 160 crs in the Q1FY19.

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First Published: Aug 14 2018 | 4:53 PM IST

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