PNC Infratech reports 217% YoY net profit growth in Q1; jumps 11%

PNC Infratech Ltd shares surged 11% following a 217% YoY net profit increase to ₹575 crore and a 3% YoY revenue rise to ₹2,168 crore in Q1FY25. Despite a 16% QoQ revenue decline, the strong profit growth on both QoQ and YoY bases drove the bullish market sentiment. PNC Infratech is an Indian infrastructure building, development, and management firm.