PNC Infratech Latest News and Updates

Renewable Energy Subsidiary: The company has incorporated a new wholly-owned subsidiary named PNC Renewable Energy Private Limited. This new entity will focus on projects and activities related to the Renewable Energy Sector, marking an expansion of the company's business scope beyond its traditional infrastructure projects. New Project Awards & Appointed Dates: PNC Infratech has continued to bolster its order book with new wins. On September 19, 2025, it received a Letter of Acceptance (LoA) from the Bihar State Road Development Corporation for a project valued at approximately ₹495.54 crore, involving the construction of a high-level bridge and approach road. Furthermore, the company announced the declaration of the 'Appointed Date' in October 2025 for two key Hybrid Annuity Mode (HAM) National Highway Projects in Bihar, which formally marks the start of the construction period for these projects. Asset Monetization Update: The company is nearing completion of its asset divestment plan. It successfully completed the transfer of the last of the eleven (out of twelve) HAM assets, PNC Bareilly Nainital Highways Private Limited, to its partner in August 2025, which further strengthens its balance sheet and frees up capital for new projects. Quarterly Performance (Q1 FY26): For the quarter ended June 30, 2025, PNC Infratech reported consolidated revenue of ₹1,422.80 crore and a consolidated Profit After Tax (PAT) of ₹431.31 crore. The company’s unexecuted order book stood at over ₹17,000 crore as of the end of the quarter.