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PNC Infratech Q4 net profit jumps over 25%, records highest ever revenue

Expenses increased to Rs 972.14 crore from Rs 628.19 crore in January-March 2018

Press Trust of India  |  New Delhi 

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Infrastructure company has reported a 25 per cent jump in standalone net at Rs 139.93 crore for the quarter ended March, helped by higher income.

The company had posted a net of Rs 111.52 crore during the same quarter a year ago, said in a statement.

During January-March 2019, total income rose to Rs 1,087.96 crore from Rs 765.52 crore in the year-ago-quarter.

Expenses increased to Rs 972.14 crore from Rs 628.19 crore in January-March 2018.

"Several infrastructure orders bagged by the company during the FY19 helped the firm result in good balance sheet. The company recorded its highest ever and after tax during Q4," Managing Director Chakresh Jain said.

Agra-based PNC Infratech has presence in about 15 states of India and provides end-to-end infrastructure implementation solutions that include engineering, procurement and (EPC) services.

First Published: Sat, May 25 2019. 13:55 IST
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