Afcons Infrastructure Reports Q3 Unaudited Results; Total Income Reaches 2,726.68 Crore
Afcons Infrastructure Limited has announced its Unaudited Financial Results for the quarter ended June 30, 2026. The results provide a comprehensive view of the company's operational performance across its various subsidiaries and joint operations, with total income reported at 2,726.68 fin Crore.The Consolidated Statement shows that Afcons recorded Total Income of 2,726.68 fin Crore against Total Expenses of 2,676.09 fin Crore for the quarter. The company reported a Profit/Loss before tax of 50.59 fin Crore, with a total tax expense of 20.29. The final profit after tax amounted to 30.30 fin Crore.
On a standalone basis, Afcons recorded Total Income of 2,727.34 Crore for the quarter ended June 30, 2026, reporting a Profit/Loss before tax of 57.17 and profit after tax of 36.88.
Key Financial Highlights (Consolidated)
The interim results include contributions from 14 Joint Operations and 6 subsidiaries. The performance metrics are summarized in the table below:| Particulars | 30 June, 2026 (Unaudited) | 31 March, 2026 (Unaudited) | 30 June, 2025 (Unaudited) | 31 March, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 2,671.00 fin Crore | 2,613.84 fin Crore | 3,370.38 fin Crore | 11,948.38 fin Crore |
| Total Income | 2,726.68 fin Crore | 2,776.66 fin Crore | 3,419.05 fin Crore | 12,322.10 fin Crore |
| Profit/Loss before tax | 50.59 fin Crore | (68.87) fin Crore | 183.38 fin Crore | 463.30 fin Crore |
| Total Comprehensive Income/(loss) | 25.43 fin Crore | (65.74) fin Crore | 144.93 fin Crore | 259.07 fin Crore |
Operational Focus and Legal Uncertainties
The review report highlighted several items related to ongoing legal proceedings, including arbitration and High Court matters involving the company and its joint ventures.For the Transtonnelstroy Afcons Joint Venture (TTA JV), management affirmed that amounts recognized as due from customers under construction contracts and trade receivables, supported by legal opinion in the context of variations arising from cost overruns and unforeseen geological conditions, are considered good and recoverable.
Regarding the Dahej Standby Jetty Project Undertaking (DJPU) in relation to a challenge against an unfavourable arbitration award, management stated that the amounts recognized as due from customers under construction contracts and other receivable are regarded as good and recoverable, even though the High Court proceedings remain ongoing.
The results for one of the joint operations, which included total revenue of 58.05 crore and a net loss after tax of (10.28) crore, were reviewed jointly with other auditors. Similarly, six subsidiaries reported total revenues of Rs. Nil, with a (loss) after tax of (3.19) crore for the quarter ended June 30, 2026.
Financial Ratios Summary (Consolidated)
The financial health indicators for Afcons Infrastructure Limited across various metrics are presented below:| Particulars | Unit | 30 June, 2026 | 31 March, 2026 | 30 June, 2025 | 31 March, 2026 |
|---|---|---|---|---|---|
| Debt Equity Ratio | Times | 0.82 | 0.65 | 0.60 | 0.65 |
| Debt Service coverage ratio (DSCR) | Times | 1.15 | 0.76 | 2.18 | 1.69 |
| Interest service coverage ratio (ISCR) | Times | 2.04 | 1.22 | 3.63 | 2.76 |
| Current ratio | Times | 1.29 | 1.29 | 1.34 | 1.29 |
| Long term debt to working capital ratio | Times | 0.48 | 0.37 | 0.24 | 0.37 |
| Total debt to total assets ratio | Times | 0.23 | 0.18 | 0.18 | 0.18 |
| Operating margin | % | 7.75% | 0.26% | 11.75% | 8.91% |
| Net profit margin | % | 1.15% | (3.38)% | 4.08% | 2.10% |
| Net worth | a:r in Crore | 5,341.40 | 5,312.14 | 5,272.62 | 5,312.14 |
AFCONS Stock Price Movement
Shares of Afcons Infrastructure Limited on Friday slipped by 1.87%, closing at ₹273.55 after shedding ₹5.20 from the previous close. The equity saw a trading volume of 1,190,862 shares during the session, hitting a day low of ₹268.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.