PNC Infra Q1: Profit Drops 23% Even with Increased Revenue and EBITDA

PNC Infra Q1: Profit Drops 23% Even with Increased Revenue and EBITDA
Infrastructure development company PNC Infratech announced a 23% decrease in net profit to ₹331.95 crore for Q1 of FY27, compared to ₹431.41 crore in the same quarter last year.

Conversely, its revenue rose by 19% year-over-year to ₹1,688.46 crore from ₹1,422.80 crore. EBITDA experienced a significant increase of 42% to ₹523.53 crore from ₹367.43 crore, while the EBITDA margin improved to 31% from 25.8% a year earlier.

So far in FY27, the company has secured five new contracts, which include two Hybrid Annuity Model (HAM) projects from the National Highways Authority of India and three engineering, procurement, and construction (EPC) projects from the Airports Authority of India and other bodies.

The combined value of these new contracts totals ₹4,259 crore.

Additionally, the company has set September 23, 2026, as the record date to determine shareholder eligibility for the final dividend for FY26.

The final dividend, as proposed by the board, is contingent upon shareholder approval at the 27th Annual General Meeting scheduled for September 30, 2026.

On May 12, the infrastructure firm informed exchanges of a settlement agreement with the National Highways Authority of India for a one-time settlement of ₹234.99 crore related to the Agra Bypass Project under the Vivad-se-Vishwas III (Contractual Disputes) Scheme.

The settlement amount of ₹234,99,03,465 is to be received by PNC Infratech from NHAI as part of this agreement, the company stated.

Shares of PNC Infratech Ltd closed at ₹223.97 on August 7, 2026, marking a decline of 6.59% in the session.

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