Introduction:
A railway stock reported a staggering 310% increase in net profit for Q2 FY25, hitting ₹585 crore, up from ₹143 crore a year earlier. With significant backing from Tata Infrastructure Fund, it demonstrates robust growth in the infrastructure sector.
Share Price movement of KNR Constructions:
On 13th Nov, KNR Constructions’ share price saw dynamic movement, opening at ₹306.45. During the day, it reached an intraday high of ₹324.85 and dipped to a low of ₹301.80, showcasing significant volatility and investor interest in the stock throughout the trading session.
KNR Constructions Q2 Profit Soars, Backed by Tata:
KNR Constructions Ltd. a mid-cap firm in the infrastructure sector, reported a significant 310% surge in net profit for Q2 FY25, reaching ₹585 crore, compared to ₹143 crore in the same quarter last year. Incorporated in 1995, the company boasts a market cap of ₹7,991.28 crores.
In Q2 FY25, KNR Constructions’ revenue grew by 87.3%, totaling ₹1,945 crore, up from ₹1,038 crore in the previous year’s quarter. EBITDA increased to ₹870 crore, achieving a remarkable growth of 275.6% from ₹232 crore, with EBITDA margins expanding to 44.7%.
Backed by Tata Infrastructure Fund, which holds a 1.23% stake with 34,56,033 shares, KNR Constructions’ stock ended the trading day at ₹284.15, slightly up by 0.25%. The stock experienced a daily high of ₹289.55 and a low of ₹283 on the BSE.
Recent news About KNR Constructions:
KNR Constructions recently reported a dramatic 310% increase in Q2 FY25 net profit, totaling ₹585 crore. The company’s revenue also surged by 87.3% to ₹1,945 crore. Supported by Tata Infrastructure Fund, the firm continues to show robust growth in the infrastructure sector.
Stock performance of KNR Constructions for Period of 1 week, 6 months and 1 year:
Over the past week, KNR Constructions’ stock has declined by 5.33%. However, looking at a longer horizon, the stock performance has been positive, with a 10.3% gain over the past six months and an 8.10% increase over the last year.
Shareholding pattern of KNR Constructions:
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 48.81 | 48.81 | 51.09 |
| FII | 6.66 | 8.18 | 7.13 |
| DII | 30.47 | 30.75 | 30.46 |
| Retail & others | 14.06 | 12.27 | 11.3 |
About KNR Constructions Industries:
KNR Constructions Ltd. is a prominent player in the Indian infrastructure sector, specialising in road and highway projects, as well as irrigation and urban development. Established in 1995, the company is known for its robust engineering and project management capabilities.
