PNC Infratech Q3 Profit, Revenue Slip Amid Tightening Margins

• PNC Infratech reported a 5.8% year-on-year decline in net profit to ₹76.7 crore in Q3.
• Company revenue fell 18.3% to ₹1,200 crore, with EBITDA dropping 37% to ₹238.7 crore.
• Operating margin contracted to 19.9% from 25.8% year-on-year.
• PNC Infra recognized ₹70.54 lakh as an exceptional item for past gratuity and leave costs.
• Subsidiary Awadh Expressway achieved provisional completion of Kanpur-Lucknow Expressway project.