Consolidated profit before tax (PBT) stood at Rs 93.35 crore in Q4 March 2020, declining 17% from Rs 112.53 crore in Q4 March 2019. Current tax expense surged 94.2% to Rs 31.36 crore in Q4 March 2020 over Q4 March 2019.

Consolidated EBITDA rose 4% to Rs 187.43 crore in Q4 March 2020 from Rs 180.57 crore in the corresponding period last year. EBITDA margin improved to 25.7% in Q4 March 2020 from 23.6% in Q4 March 2019.

As of 31 March 2020, KNR Construction recorded an order book of Rs 5229.70 crore out of which Rs 3656.10 crore is from road sector and Rs 1573.60 crore is from irrigation sector.

KNR Constructions is a multi domain infrastructure development organization and executes the construction of technically complex and high value projects across segments.

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Net profit of KNR Constructions declined 22.09% to Rs 84.82 crore in the quarter ended March 2020 as against Rs 108.87 crore during the previous quarter ended March 2019. Sales declined 4.60% to Rs 730.14 crore in the quarter ended March 2020 as against Rs 765.36 crore during the previous quarter ended March 2019.

For the full year,net profit declined 1.85% to Rs 265.51 crore in the year ended March 2020 as against Rs 270.51 crore during the previous year ended March 2019. Sales rose 6.99% to Rs 2451.68 crore in the year ended March 2020 as against Rs 2291.50 crore during the previous year ended March 2019.

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KNR Constructions will hold a meeting of the Board of Directors of the Company on 11 June 2020.

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KNR Constructions announced that its JV, KNR-HES has bagged order worth of Rs. 695.5 crore towards Kaleshwaram Project- Link - N - Parallel Conveyor System - Package No.3 - Excavation of Gravity Canal from Km 0.00 to Km 15.825 to carry 333 cumecs discharge of water from Delivery Cistern at Chinnagundevelly (Village) to Fore Bay at Thukkapur (Village) including CM&CD works to be executed in 2 years from the agreement date.

Further, KNR-NAVAYUGA-NCC Joint Venture has bagged order worth of Rs. 1613.69 crore towards Kaleshwaram Project - Parallel Conveyor System - Package No.4 Lifting of 333 CUInCCS of water from Forebay at Thukkapur (Village) to Sri Komuravelli Mallanna Sagar comprising construction of Forebay, Open Pump House, Pressure main and Delivery cistern etc at Tukkapur (Village) work to be executed in 2 yearsfrom the agreement date.

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