KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 3601.21 Crore) operating in Infrastructure sector.
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 522.53 Crore, down 28.44 % from last quarter Sales of Rs 730.14 Crore and down 1.54 % from last year same quarter Sales of Rs 530.72 Crore. The Company reported net profit after tax of Rs 41.95 Crore in latest quarter.
With construction activities resuming on account of the easing of lockdown norms, the return of labor force, healthy order book and an aggressiveness in its business operations to meet its margins, the brokerage expects the company to have resumed normalized operations during the quarter.
Promoters held 55.17 per cent stake in the company as of March 31, 2020, while FIIs held 1.92 per cent, DIIs 32.45 per cent and public & others 10.35 per cent.