To start the construction work on the ₹1,100 crore road project, KNR Constructions has recieved the receipt of the letter of acceptance (LoA) for the four-laning of the Bangalore-Mangalore section, including the six-lane flyover at Kalladka town of NH-75 on the EPC model. The project has to be completed within a period of 24 months. KNR Constructions provides engineering, procurement, and construction (EPC) services, primarily for the roads and highways segment. The company's consolidated net profit zoomed 87.99% to ₹97.55 crore in Q3 FY21 from ₹51.89 crore as compared to the same quarter in the preceding financial year.
📅Published on:
26 March 2021
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