Afcons Infrastructure Limited Announces FY Results, Recommends Dividend, and Approves Key Leadership Changes

Afcons Infrastructure Limited Announces FY Results, Recommends Dividend, and Approves Key Leadership Changes​

Afcons Infrastructure Limited announced the financial results and annual reports for the quarter and financial year ended March 31, 2026. The Board of Directors also approved the re-appointment and remuneration of key executives and recommended a dividend for the fiscal year 2025-26.

The company reported the audited standalone and consolidated financial results, along with the audited financial statements, for the financial year ended March 31, 2026.

Financial Performance Highlights​

The company provided key performance indicators (KPIs) detailing financial metrics for the years ended March 31, 2026, and March 31, 2025.

Dividend Recommendation and Statutory Approvals​

The Board of Directors recommended a dividend of Rs. 2/- (Rupees Two Rupees only) (20%) per equity share, based on the face value of Rs. 10/- (Rupees ten only) each, for the financial year 2025-26. This dividend is subject to approval by the members at the ensuing Annual General Meeting (AGM).

Regarding the company's statutory audit partners, the board took note of the expiry of the second term of the existing Joint Auditor M/s. HDS & Associates LLP. Subsequently, M/s. Deloitte Haskins & Sells LLP was continued as the Sole Statutory Auditor of the Company for the balance of its appointment term.

The Board of Directors, based on the recommendations of the Audit Committee, approved the re-appointment of M/s. Kishore Bhatia & Associates Cost Accountants as the Cost Auditor of the Company for the Financial Year 2026-27.

Management and Director Changes​

The Board approved several key appointments and changes in Senior Management Personnel (SMPs):

• Executive Chairman: Mr. Subramanian Krishnamurthy (DIN: 00047592) was re-appointed and approved for remuneration as the Whole Time Director designated as the Executive Chairman of the Company for a term of two years, effective from July 1, 2026, to June 30, 2028.
• Managing Director: Mr. Srinivasan Paramasivan (DIN: 00058445) was re-appointed and approved for remuneration as the Managing Director of the Company for a term of two years, effective from July 1, 2026, to June 30, 2028.
• Operational Changes:

* Mr. Gokul Javalikar, Director (Non-Board Member) and Head of the Marine and Industrial Business Unit, will cease to be designated as SMP effective June 30, 2026, due to retirement.
* Mr. Satish Tengeri, Executive Vice President (Operations), was elevated to the position of Business Unit Head -Industrial Division effective July 1, 2026, and shall be categorized as SMP from that date.
* Mr. R. Ramkumar, Executive Vice President (Contracts & Legal), was categorized as SMP effective May 18, 2026.

Financial Statement Availability​

The company has issued the audited standalone and consolidated financial results and financial statements for the quarter and financial year ended March 31, 2026. The detailed Standalone Statement of Financial Results and the Consolidated Statement of Financial Results are available for review.

The company also released a comparative view of the consolidated financial position:


In the cash flow statement comparison, the following figures were reported for the year ended March 31, 2026:

AFCONS Stock Price Movement​

Shares of Afcons Infrastructure Limited today slipped by 4.89% to settle at ₹317.55. The stock finished the session on a total volume of 1.59 million shares, contributing to the decline from its opening price.