PNC Infratech Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- PNC Infratech Ltd reported a 3.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 26.7%.
- Its expenses for the quarter were up by 5.6% QoQ and down 24.0% YoY.
- The net profit decreased 2.5% QoQ and decreased 56.0% YoY.
- The earnings per share (EPS) of PNC Infratech Ltd stood at 3.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1512.19 | 1463.82 | 2063.16 | 3.3% | -26.7% |
Total Expenses | 1388.66 | 1314.80 | 1827.68 | 5.6% | -24.0% |
Profit Before Tax | 123.53 | 149.02 | 235.47 | -17.1% | -47.5% |
Tax | 42.18 | 65.56 | 50.48 | -35.7% | -16.4% |
Profit After Tax | 81.36 | 83.46 | 185.00 | -2.5% | -56.0% |
Earnings Per Share | 3.20 | 3.30 | 7.20 | -3.0% | -55.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
PNC Infratech Ltd is a prominent player in the Indian infrastructure sector, primarily engaged in the construction of highways, bridges, flyovers, and airport runways. The company has established itself as a significant entity within the infrastructure industry, contributing to various large-scale projects across the country. PNC Infratech has been involved in both public and private sector projects, focusing on enhancing infrastructure development. While the specific details regarding recent major developments were not provided in the data, the company continues to play a vital role in infrastructure projects in India.
Revenue
For Q3FY25, PNC Infratech Ltd reported a total income of ₹1512.19 crores. This represents a quarter-over-quarter (QoQ) increase of 3.3% from ₹1463.82 crores in Q2FY25. However, when compared to the same quarter in the previous fiscal year (Q3FY24), which recorded a total income of ₹2063.16 crores, there is a year-over-year (YoY) decrease of 26.7%. This decline in YoY revenue indicates a significant change in the company's income compared to the previous year. The QoQ growth suggests a positive movement from the last quarter but is overshadowed by the substantial YoY decrease.
Profitability
In terms of profitability, PNC Infratech Ltd posted a profit before tax (PBT) of ₹123.53 crores for Q3FY25. This is a decrease of 17.1% QoQ from ₹149.02 crores in Q2FY25, and a considerable decline of 47.5% YoY from ₹235.47 crores in Q3FY24. The tax expenses for Q3FY25 were ₹42.18 crores, showing a decrease of 35.7% QoQ from ₹65.56 crores in the previous quarter, and a YoY decrease of 16.4% from ₹50.48 crores in Q3FY24. Consequently, the profit after tax (PAT) for Q3FY25 was ₹81.36 crores, reflecting a slight reduction of 2.5% QoQ from ₹83.46 crores in Q2FY25, and a significant decline of 56.0% YoY from ₹185.00 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 was ₹3.20, down from ₹3.30 in Q2FY25, and a substantial decline from ₹7.20 in Q3FY24.
Operating Metrics
The total expenses for PNC Infratech Ltd in Q3FY25 were reported at ₹1388.66 crores, which is a 5.6% increase QoQ from ₹1314.80 crores in Q2FY25. When compared to Q3FY24, where expenses were ₹1827.68 crores, there is a YoY decrease of 24.0%. The increase in expenses QoQ may indicate changes in operational costs or project execution phases, while the YoY decline aligns with the overall decrease in income for the same period. The company's ability to manage its expenses and maintain operational efficiency is crucial, especially in light of the changes in revenue and profitability metrics observed over the respective periods.
