Q3FY17 Results : PNC Infratech Limited
Bhagyashree Vivarekar / 15 Feb 2017
The company reported a PAT figure of Rs 59.35 crore, which represents a sequential QoQ increase of 123.71 per cent and a YoY increase of 70.25 per cent.
On Tuesday, PNC Infratech Ltd. reported its results for the quarter ended on December 31, 2016.
The total sales for this quarter, Q3FY17, came in at Rs 566.32 crore. This represents a 13.39 per cent sequential increase and 23.29 per cent YoY decline. Its operating profit (EBIT) for the recently concluded quarter amounted to Rs 92.4 crore and the EBIT margin stood at 16.32 per cent. In terms of the bottom-line, the company reported a PAT figure of Rs 59.35 crore, which represents a sequential QoQ increase of 123.71 per cent and a YoY increase of 70.25 per cent.
On Wednesday, the company's stock opened for trading at Rs 106 on the BSE and has fallen by 1 per cent to touch the day low of Rs 102.
PNC Infratech Ltd. is an engineering and infrastructure construction company of India, with expertise in the execution of major infrastructure projects including highways, bridges, flyovers, airport runways and allied activities and executing projects relating to power transmission lines and infrastructure projects on a BOT basis.
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