Q4FY21 Result Update - PNC Infratech - ICICI Direct

PNC Infratech's (PNC) execution was robust, with a stronger than expected topline and higher margins led by operating leverage. Topline came in at Rs. 1644 crore, up ~42% YoY, driven by improved executable order book and optimum labour availability. The consequent margin was at 14.1% (up 63 bps YoY), led by operating leverage. PAT came in at Rs. 129.4 crore, up 70% YoY, led by a strong operating performance, lower interest costs and despite higher taxation.

For details, click on the link below: Link to the report

Shares of PNC Infratech Ltd was last trading in BSE at Rs.246 as compared to the previous close of Rs. 249.15. The total number of shares traded during the day was 48663 in over 1588 trades.

The stock hit an intraday high of Rs. 254.25 and intraday low of 244.25. The net turnover during the day was Rs. 12102600.

Source : Equity Bulls

Keywords