Afcons Infrastructure Limited, an infrastructure engineering and construction company incorporated in 1959, reported a fall in profits for Q2FY26 amid modest revenue growth.
Financial Highlights:
- Revenues increased 0.95% year-on-year to ₹2,988 crore from ₹2,960 crore.
- Total expenses rose 1.83% to ₹2,952 crore from ₹2,899 crore.
- Consolidated net profit declined 22.22% to ₹105 crore from ₹135 crore.
- Earnings per share dropped 27.96% to ₹2.86 from ₹3.97.
The profit decline was mainly due to increased expenses and margin pressures despite stable topline performance.
Outlook:
Afcons Infrastructure is focused on improving project execution efficiency, cost control measures, and expanding its order book to drive future growth. The company aims to capitalize on infrastructure development opportunities across sectors.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,