PNC Infratech gains 2.5% as Q3 PAT more than doubles to Rs176cr

The company recorded substantial growth in both bottom-line and top-line front for the quarter ended December 2020 (Q3FY21).

February 04, 2021 2:15 IST India Infoline News Service

PNC Infratech stock was trading in the fast lane on Thursday after the company recorded substantial growth in both bottom-line and top-line front for the quarter ended December 2020 (Q3FY21).

At around 2.12 pm, PNC Infra was trading at Rs230.40 per piece up Rs5.70 or 2.54% on Sensex.

The stock has gained to an intraday high of Rs232.70 per piece on Sensex - resulting in overall 3.5% gain so far today.

In Q3FY21, PNC Infra recorded a consolidated net profit of Rs176cr more than double from Rs67cr a year ago same period.

Consolidated revenue stood at Rs1582cr in Q3FY21, higher from Rs1390cr in the corresponding period of the previous year. 

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