Summary of Key Information:
Reporting Period: Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results under Regulation 33 of SEBI LODR
Date of Board Meeting / Approval: May 30, 2026 (commenced at 18:50 hours, concluded at 19:50 hours)
Audit Opinion: Unmodified opinion on both Standalone and Consolidated Financial Results
Auditor's Comment: Emphasis of matter on material uncertainty related to going concern and specific project litigations
Key Financial Highlights [₹ in lacs]
Standalone Results:
Revenue from Operations: Not specified (₹0 for all periods)
Other Income: ₹2,401.30 (FY26) vs ₹1,160.22 (FY25)
Total Income: ₹2,401.30 (FY26) vs ₹1,160.22 (FY25)
EBITDA: Not specified
Net Profit: ₹31,448.36 (FY26) vs (₹11,172.09) (FY25)
EPS: Basic/Diluted after exceptional item ₹3.34 (FY26) vs (₹1.19) (FY25)
Other Equity: (₹1,20,934.97) (Mar-26) vs (₹1,52,382.79) (Mar-25)
Cash and Cash Equivalents: ₹473.14 (Mar-26) vs ₹484.50 (Mar-25)
Debt: Not separately specified
Consolidated Results:
Revenue from Operations: ₹0 (FY26) vs ₹3,469.68 (FY25)
Other Income: ₹2,130.76 (FY26) vs ₹897.21 (FY25)
Total Income: ₹2,130.76 (FY26) vs ₹4,366.89 (FY25)
EBITDA: Not specified
Net Profit: ₹1,11,093.31 attributable to owners (FY26) vs ₹56,105.67 (FY25)
EPS: Basic/Diluted after exceptional item ₹11.80 (FY26) vs ₹5.96 (FY25)
Other Equity: (₹1,04,388.33) (Mar-26) vs (₹2,15,481.09) (Mar-25)
Cash and Cash Equivalents: ₹186.26 (Mar-26) vs ₹39.55 (Mar-25)
Debt: Not separately specified
Segment-wise Performance:
The Company's operations constitute a single segment namely "Infrastructure Development" as per IND AS 108. Operations are within single geographical segment which is India.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities reported.
Other Significant Information:
Exceptional Items:
- FY26 Standalone: ₹31,319.27 lacs (Reversal of provision towards receivable from SSRPL and recognition of unamortized guarantee commission on OTS)
- FY26 Consolidated: ₹1,11,098.39 lacs (Income related to settlement agreement with lenders and concessioning authority in SSRPL)
- FY25 Standalone: (₹5,686.09) lacs (Impairment of investments)
- FY25 Consolidated: ₹80,134.51 lacs (Gain on deconsolidation of subsidiaries and impairment charges)
Finance Cost: Negative finance cost for quarter ended March 31, 2025 due to waiver of interest on loan from Vizag Sea Port Private Limited.
Entities Included in Consolidation:
The consolidated results include 16 subsidiaries, 1 associate, and 1 joint venture as listed in Annexure A of the auditor's report.