KNR Constructions receives bonusKNRCON - 261 Change: 2.15 (0.83 %)
KNR Constructions subsidiary KNR Tirumala Infra Pvt Ltd has received Rs 8.1 crore as bonus for early completion of project. The bonus amount will be accounted in books of accounts during Q2FY23.
KNR Constructions completed the project on May 10, 2021, 52 days ahead of the scheduled completion date. Accordingly, bonus has been received by the company. Early completion bonus validates company's robust execution capabilities and aids overall margin profile of the company.