Ceigall India Ltd, an infrastructure construction firm specializing in elevated roads, flyovers, bridges, tunnels, highways, expressways, and runways since 2002, reported profit decline for Q2FY26 despite higher revenues.
Financial Highlights:
- Revenues increased 4.53% year-on-year to ₹807 crore from ₹772 crore.
- Total expenses rose 6.88% to ₹746 crore from ₹698 crore.
- Consolidated net profit fell 15.15% to ₹56 crore from ₹66 crore.
- Earnings per share decreased 13.73% to ₹3.33 from ₹3.86.
The profit drop was driven by rising expenses outpacing revenue growth, pressuring margins amid ongoing project execution.
Outlook:
Ceigall India Ltd aims to improve cost efficiencies, accelerate project completions, and focus on larger infrastructure contracts to restore profitability.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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