Order inflows remains muted YTDFY24

Company
24 Jan 2024
5 Min read 
  • KNR Constructions' order inflows have been muted so far in FY24.
  •  The company expects improvements in project execution in the coming months.
  •  KNRC is targeting a revenue of INR40b in FY24 with margins of 18-19%.
  •  The company is actively bidding for projects in various states and exploring opportunities in different infrastructure verticals.
  •  The order book stands at INR66b, providing strong revenue visibility.
  •  The successful implementation of FASTags has resulted in strong toll collections on highways.
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