Construction

Infrastructure major KNR Constructions has exited four road development projects, indicating a strategic shift amid evolving market conditions and project execution challenges. The move reflects a broader trend among construction companies to reassess asset-heavy and capital-intensive ventures in favor of improving balance-sheet strength and return metrics. While the exits may have near-term revenue implications, analysts view the decision as a prudent step toward risk management and capital discipline.

Engineering, procurement, and construction (EPC) firms in India are expected to register a 9–11% revenue expansion in FY26, according to a recent assessment by Crisil. The growth projection is underpinned by a robust pipeline of government infrastructure projects, particularly in roads, railways, and urban development, as well as sustained capital expenditure by the private sector.

State-owned construction major NBCC (India) Ltd. posted a strong 26% year-on-year increase in consolidated net profit for the first quarter of FY25, reaching Rs. 135 crore. The growth was driven by higher revenue from ongoing projects, improved operational efficiency, and a steady flow of new contracts. Revenue from operations climbed to Rs. 2,200 crore, reflecting robust demand in the infrastructure and real estate development sectors.