PNC Infratech Limited has been declared the First Lowest (L-1) bidder for an Engineering, Procurement, and Construction (EPC) project by the Lucknow Development Authority, Uttar Pradesh. The project involves the construction of a 4-lane flyover with loops and ramps at the Shaheed Path Intersection on the RHS bank of the Gomti River in Lucknow. The company submitted a quoted price of Rs. 194.40 Crore for the execution of this infrastructure work.

The contract specifically entails the development of a 4-lane flyover accompanied by two loops and two ramps. As per the disclosure, the project is a domestic order to be executed on an EPC basis within a timeframe of 24 months. This announcement follows the company’s established practice of participating in high-value infrastructure bids across Uttar Pradesh and other Indian states.

PNC Infratech Limited is a leading infrastructure development and management company in India, specializing in highways, bridges, flyovers, and airport runways. In 2025, the company continued its expansion by incorporating a new wholly owned subsidiary, “PNC Renewable Energy,” to venture into the renewable energy sector. Additionally, in May 2025, the company received a significant arbitration award of Rs. 485.27 Crore for a project executed for the National Highways Authority of India (NHAI). Other 2025 updates include receiving Letters of Acceptance for bridge projects in Bihar and securing L-1 status for multiple highway packages on NH-927 in Uttar Pradesh.

For the quarter ended March 2025, the company reported consolidated net sales of Rs. 2,342.0 Crore, representing a decrease compared to the high base of previous periods, while maintaining a robust EBITDA margin of approximately 24.1%. The net profit (PAT) for the same period stood at approximately Rs. 402.3 Crore. Famous institutional investors and mutual funds holding significant stakes in the company as of 2025 include the HDFC Small Cap Fund, which held a 9.59% stake, and the HSBC Value Fund. The promoter group, led by individuals like Vaibhav Jain and Madhavi Jain, maintained a consistent shareholding of 56.07% throughout the year.