PNC Infratech Limited announced its un-audited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025, on February 9, 2026. Standalone revenue for Q3 FY26 reached ₹1056 Cr., while consolidated revenue stood at ₹1201 Cr. Exceptional items related to arbitration awards and asset monetization significantly impacted the Profit After Tax (PAT) figures across both disclosures.
PNC Infratech Q3 FY2026 Financial Highlights
PNC Infratech Limited disclosed its un-audited financial performance for the third quarter (Q3 FY26) and the nine months ended December 31, 2025. The results were officially announced on February 9, 2026.
Standalone Performance Summary (Rs. in crore)
The standalone results showed a slight decrease in revenue compared to the previous year’s corresponding quarter. Key standalone figures for Q3 FY26 were:
- Revenue: 1056 Cr. (vs. 1205 Cr. in Q3 FY25)
- EBITDA: 131 Cr. (vs. 146 Cr. in Q3 FY25)
- PAT: 77 Cr. (vs. 83 Cr. in Q3 FY25)
For the Nine Months (9M) ended December 31, 2025, standalone Revenue was ₹3176 Cr. and PAT was ₹244 Cr. The Q3 PAT includes a gain of ₹5 crore realized from the sale of equity shares of PNC Bareilly Nainital Highways Private Limited.
Consolidated Performance Summary (Rs. in crore)
On a consolidated basis, the company reported stronger figures, particularly driven by non-operational income streams:
- Revenue: 1201 Cr. (vs. 1470 Cr. in Q3 FY25)
- EBITDA: 239 Cr. (vs. 379 Cr. in Q3 FY25)
- PAT: 77 Cr. (vs. 81 Cr. in Q3 FY25)
The nine months consolidated revenue reached ₹3751 Cr., with a PAT of ₹724 Cr. The consolidated figures reflect significant non-recurring income. Notably, the nine months results include a gain of ₹430 crore net of tax on account of the monetization of 11 HAM Assets in H1Y26.
Notes on Exceptional Items
The financial results incorporate several significant non-operational items:
- Standalone 9M FY25 PAT (₹585 Cr.) included a Bonus of ₹56 crore from MSRDC and an Arbitration Award of ₹379 crore from NHAI received via two SPVs.
- Consolidated 9M FY25 PAT (₹740 Cr.) included a Bonus of ₹56 crore from MSRDC and an Arbitration Award of ₹516 crore from NHAI received via two SPVs.
About the Company
PNC Infratech Limited is recognized as a leading Indian infrastructure company specializing in investment, development, construction, operation, and management services. The company offers end-to-end solutions across core sectors including expressways, highways, bridges, airport runways, water supply, and railways. PNC provides comprehensive project formats such as EPC, DBFOT, Toll, Annuity, and Hybrid Annuity.
Source: BSE
