KNR Constructions Q3: Net Profit Plunges 58.7%, Revenue Down 12.4%

• KNR Constructions reported a significant decline in Q3 earnings, continuing a downward trend.
• Net profit plunged 58.7% year-on-year to ₹102.8 crore for the quarter ended December 31.
• Revenue decreased by 12.4% year-on-year to ₹743.2 crore.
• EBITDA fell 34.8% to ₹166.7 crore, and EBITDA margin declined by 770 basis points to 22.4%.
• The company secured a ₹319.24-crore project from Musi Riverfront Development Corporation for a bridge across Mir Alam Tank in Hyderabad.