SPML Infra Limited Announces Q1 Financial Results and Re-appoints Independent Director

SPML Infra Limited Announces Q1 Financial Results and Re-appoints Independent Director​

SPML Infra Limited has released its Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The results were approved by the company’s Board of Directors at a meeting held on August 12, 2026. During this board meeting, the company also approved the re-appointment of Mr. Rajeev Kumar Jain as an Independent Director.

The management stated that the unaudited financial results are available on the company's website, www.spml.co.in.

Financial Performance Highlights (Q1 FY26)​

SPML Infra Limited reported significant operational figures across its standalone and consolidated segments for the quarter ended June 30, 2026. The company operates in a single segment, EPC, which is primarily based in India.

Standalone Results Summary​

The company's standalone performance reflected strong operational income despite high expenses incurred during the period. Key figures from the Statement of Standalone Unaudited Financial Results are detailed below:

Consolidated Results Summary​

Consolidated results for the Group showed a total income of 28,567.23 lakhs. The Group reported a profit after tax attributable to its owners of the company at 2,267.61 lakhs for the quarter ended June 30, 2026.

Board Actions and Governance Updates​

The Board meeting outcomes approved several key governance items:

• Independent Director Re-appointment: The board reviewed and approved the re-appointment of Mr. Rajeev Kumar Jain as an Independent Director for his second term. This appointment is effective from September 3, 2026, and is subject to approval by shareholders at the forthcoming Annual General Meeting (AGM).
• AGM Schedule: The company set the date for its 45th Annual General Meeting (AGM) on September 25, 2026. The closure of the Register of Members for the purpose of the AGM is scheduled from September 19, 2026, to September 25, 2026.

Profile of Independent Director​

Mr. Rajeev Kumar Jain was noted as a highly respected Indian Information Service officer from the 1991 batch, possessing a distinguished career spanning 33 years in government communication and media strategy. His professional history includes serving as the Director General of the Press Information Bureau (PIB) under the Ministry of Information & Broadcasting. He also holds roles such as Director General (Media & Communication) and Spokesperson for both the Ministry of Housing & Urban Affairs and the Ministry of Petroleum & Natural Gas, having previously led major departments including Doordarshan News (MP) and the Central Bureau of Communication.

Expert Review Details​

The unaudited financial results have undergone a Limited Review by Maheshwari & Associates, Chartered Accountants. The review covered both standalone and consolidated statements.

Joint Operations:
The company has various joint operations, including JWIL-SPML (JV), SPML-JWILJV, PNC-SPMLJV-MORADABAD, KEC-SPMLJV, and JMC SPMLJV among others included in the reports. The review report noted that two joint operations reflected total revenue of Rs. 1,551.77 Lakhs with a net loss of Rs. 0.01 lakh for the quarter ended June 30, 2026.

Notes to Results:
Notes to the statements provided context on several aspects, including:

• The allotment of 2,323,744 equity shares to eligible employees under an Employee Stock Option Scheme (ESOP) during Q1 FY26, for which Rs. 72.93 lakhs was received at an exercise price of Rs. 31.20 per share.
• The conversion of the remaining balance of 50,94,844 Warrants into equity shares, aggregating to Rs. 10,953.92 lakhs in credit to Equity Share Capital and Securities Premium.

The board meeting commenced at 2:35 PM and concluded at 9:62 PM.

SPMLINFRA Stock Price Movement​

On Wednesday, SPML Infra Limited shares rallied, finishing the session at ₹191.34 after gaining 1.91%. The stock saw active trading as it moved within a daily range spanning from a low of ₹183 to a high of ₹194.30.