PNC Infratech Announces FY26 Results With Monetisation Gains

22 May 2026 CW Team

PNC Infratech announced its standalone and consolidated financial results for the quarter and year ended 31 March 2026, reporting significant monetisation gains that bolstered profit. The company reported standalone revenue of Rs 14,580 mn for the quarter and Rs 46,330 mn for the year, with consolidated quarter revenue of Rs 16,170 mn and year revenue of Rs 53,680 mn. The results were disclosed on 19 May 2026.

On a standalone basis the company reported EBITDA of Rs 1,750 mn and profit after tax of Rs 1,000 mn for the quarter. For the full year standalone EBITDA was Rs 5,830 mn and profit after tax was Rs 3,440 mn. The annual comparatives reflected receipt of a Rs 560 mn bonus from Maharashtra State Road Development Corporation and an arbitration award of Rs 3,790 mn received from the National Highways Authority of India through two special purpose vehicles (SPVs), which materially affected annual earnings. A gain of Rs 50 mn on sale of an equity holding was also recorded.

Consolidated results showed quarter EBITDA of Rs 2,770 mn and profit after tax of Rs 1,080 mn. For the year consolidated EBITDA was Rs 11,370 mn and profit after tax was Rs 8,320 mn. Annual consolidated performance included a Rs 5,160 mn arbitration award attributed to two SPVs and recorded gains from monetisation of highway assets amounting to Rs 190 mn in the quarter and Rs 3,370 mn for the full year, net of tax.

PNC Infratech Limited is a leading Indian infrastructure investment and construction company that undertakes design, engineering, procurement and construction (EPC) contracts and operates under formats such as toll, annuity and hybrid annuity model (HAM). The company provides end to end implementation and operation and maintenance services and highlighted that monetisation and arbitration receipts contributed materially to earnings in FY26.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..