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KNR Constructions’ arm gets bonus claim of Rs 8.13 crore

20 Sep 2022 Evaluate

KNR Constructions’ subsidiary -- KNR Tirumala Infra has received bonus claim of around Rs 8.13 crore inclusive of taxes for early completion of project by 52 days. The bonus claim has been approved by the competent authority i.e, National Highways Authority of India (NHAI). The bonus amount will be accounted in books of accounts during the quarter ended September 30, 2022.

KNR Constructions is a multi-domain infrastructure project development company providing (EPC) engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management.

Peers
Company Name CMP
Larsen & Toubro 3870.00
Kalpataru Projects 1399.00
NCC 134.35
Rail Vikas Nigam 210.85
KEC International 391.50
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