PNC Infratech added 2.26% to Rs 312 after the company received letter of acceptance (LOA) worth Rs 239.94 crore from PWD- Rajasthan for construction of flyover in Bharatpur, Rajasthan.
The contract includes construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur (Rajasthan). The project is scheduled to be completed within 24 months.Earlier, on 22 April 2025, the company was declared as the L1 (Lowest) bidder for the project.
PNC Infratech is a leading Indian infrastructure company engaged in investment, development, construction, operation, and management of infrastructure projects across the country. With extensive experience and proven expertise, the company operates across key sectors including expressways, highways, bridges, flyovers, airport runways, water supply systems, industrial area development, railways, and other core infrastructure activities.
The companys consolidated net profit declined 80.9% to Rs 75.48 crore on 34.5% fall in net sales to Rs 1,704.11 crore in Q4 FY25 over Q4 FY24.
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