PNC Infratech Limited has informed exchanges that the company bagged a Letter of Acceptance (LoA) dated June 6, 2025, from the Public Works Department (PWD) of Rajasthan for a significant infrastructure development project. The project entails the construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Rajasthan.
The contract, awarded under the Engineering, Procurement, and Construction (EPC) model, is valued at ₹239.94 crore. The project is slated for completion within a period of 24 months.
This is a purely domestic contract with no promoter or promoter group interest involved in the awarding entity. The development is expected to significantly ease traffic congestion and enhance urban mobility in Bharatpur, a key city in Rajasthan.
With this win, PNC Infratech further strengthens its presence in the road and infrastructure segment, aligning with its vision of contributing to India’s growing urban infrastructure.
PNC Infratech Q4 results
PNC Infratech reported a sharp decline in its financial performance for the fourth quarter ended March 2025. The company’s net profit plunged 81% year-on-year to ₹75.50 crore, compared to ₹395.90 crore in Q4 FY24. Revenue from operations also fell significantly by 34.5%, standing at ₹1,704 crore versus ₹2,600 crore in the same period last year.
EBITDA for the quarter came in at ₹362 crore, down 51% from ₹736 crore a year ago. The EBITDA margin also shrunk to 21.26%, compared to 28.32% in Q4 FY24.
