Shares of PNC Infratech Ltd traded nearly 2% higher at Rs 286.50 on Thursday, November 13, after the company reported a strong year-on-year jump in profit for the September 2025 quarter (Q2 FY26), even as revenue fell.

The company’s net profit surged 158.5% YoY to Rs 215.7 crore, up from Rs 83.4 crore in the same period last year. However, revenue from operations declined 21% YoY to Rs 1,127 crore compared to Rs 1,427 crore in Q2 FY25, reflecting slower project execution.

EBITDA stood at Rs 252.6 crore, down 29.1% YoY from Rs 356.2 crore, while the EBITDA margin contracted to 22.4% from 25%, amid rising cost pressures.

In recent developments, PNC Infratech completed the sale of its equity in PNC Bareilly Nainital Highways to Vertis Infrastructure Trust (VIT) in July 2025. Additionally, the Competition Commission of India (CCI) last month approved the company’s proposal to acquire Jaiprakash Associates Limited (JAL), which is undergoing insolvency proceedings.

The Agra-based company continues to focus on the engineering, procurement, and construction (EPC) segment in the highways and expressway domain, maintaining a robust order book supported by its execution track record.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.