More Stories

Informist, Friday, Aug. 7, 2026

 

Please click here to read all liners published on this story

--Afcons Infra Apr-Jun consol net profit INR 306 mln 
--Analysts saw Afcons Infra Apr-Jun consol net profit at INR 863.20 mln 
--Afcons Infra Apr-Jun consol revenue INR 26.71 bln 
--Analysts saw Afcons Infra Apr-Jun consol revenue at INR 29.35 bln 
--Afcons Infra Apr-Jun consol PAT INR 306.0 mln vs INR 1.37 bln year ago 
--Afcons Infra Apr-Jun consol revenue INR 26.71 bln vs INR 33.70 bln yr ago 
--Afcons Infra Apr-Jun consol operating margin 7.75% vs 11.75% yr ago 

 

By Arya S. Biju and Devanshu Singla

 

MUMBAI – A sharper fall in revenue compared to costs dragged down Afcons Infrastructure Ltd.'s bottom line for the June quarter. The engineering and construction company reported weaker-than-expected earnings for the quarter, with both top and bottom line falling below analysts' expectations. 

 

The company's consolidated net profit for the June quarter declined around 78% on year to INR 306 million. This was sharply lower than the INR 863.20 million estimated by the Street. The company had posted a loss of INR 884 million in the trailing quarter.  

 

The company's consolidated revenue for the reporting quarter declined nearly 21% on year to INR 26.71 billion. This was also below the INR 29.35 billion estimated by the Street. Sequentially, the top line was up over 2%.

 

Afcons reported total expenses of INR 26.76 billion, down 17% on year and down 6% sequentially. The company's cost of construction declined over 15% on year to INR 13 billion. Cost of materials consumed fell 15% to INR 5.77 billion and employee benefit expenses fell 20% to INR 3.03 billion. The other expenses were down 30% at INR 2.39 billion.

 

The company's earnings before interest, tax, depreciation, and amortisation was down 41% on year at INR 2.63 billion. The EBITDA margin contracted sharply to 9.6% from 13% in the year-ago quarter. The operating margin declined to 7.75% from 11.75%.

 

During the June quarter, Afcons received orders worth INR 132.19 billion, taking its pending order book to INR 432.90 billion as of Jun. 30. The company's book-to-bill ratio was at 3.8 times. 

 

"The quarter was marked by some marquee project wins, including the Croatia rail project and the Vadhavan Port breakwater package, reflecting our strong technical capabilities and improving momentum in project awards," Subramanian Krishnamurthy, executive chairman of the company, said in a press release.

 

India's tallest road cable-stayed bridge on the Mumbai-Pune Expressway "Missing Link Project", executed by Afcons, was inaugurated May 1, the company said in the press release. Friday, its shares ended at INR 274.25 apiece on the National Stock Exchange, down 1.6% from Thursday. The company's earnings were released after market hours.  End

 

Edited by Rajeev Pai

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.