The project involves widening and strengthening the pipeline road from Shankarpally Road at MGIT to Manikonda, including junction development at NPCI, and is scheduled to be completed within 9 months.
KNR Constructions is engaged in the business of the infrastructure sector, primarily in the construction of roads, bridges, flyovers, and irrigation projects.
The company’s consolidated net profit tanked 58.6% to Rs 102.80 crore on a 12.4% decline in revenue from operations to Rs 743.20 crore in Q3 FY26 over Q3 FY25.
The counter fell 3.42% to Rs 111.45 on the BSE.