PNC Infratech Q1 Results Live: Profit Rise by 218.44% YoY

PNC Infratech Q1 Results Live : PNC Infratech declared their Q1 results on 10 Aug, 2024. The topline increased by 3.62% compared to the same period last year, while the profit saw an impressive rise of 218.44% year-over-year. However, when compared to the previous quarter, the revenue declined by 16.64%, but the profit increased by 45.28%.

The company's selling, general, and administrative expenses declined by 13.36% quarter-over-quarter but saw a slight increase of 2.12% year-over-year. Operating income also showcased a robust growth of 34.16% quarter-over-quarter and an even more significant increase of 138.75% year-over-year.

The Earnings Per Share (EPS) for Q1 stood at ₹22.42, marking a substantial increase of 218.47% compared to the same quarter last year.

Despite delivering a negative return of -6.26% in the last week, PNC Infratech has provided a return of 4.65% over the past six months and a year-to-date return of 32.18%.

Currently, PNC Infratech has a market capitalization of ₹11917.53 Cr. The company's 52-week high and low stand at ₹574.8 and ₹310.1, respectively.

As of 11 Aug, 2024, out of 15 analysts covering the company, 2 analysts have given a Hold rating, 10 analysts have given a Buy rating, and 3 analysts have given a Strong Buy rating. The consensus recommendation for PNC Infratech as of this date is to Buy.