Summary of Key Information:

Reporting Period: Quarter Ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Unaudited Financial Results under Regulation 33 of SEBI LODR

Audit Opinion:

Standalone: Clean review opinion with an emphasis of matter regarding preparation methodology

Consolidated: Qualified opinion due to non-availability of financial information from subsidiaries under liquidation/CIRP and non-recognition of interest on NPA borrowings

Auditor’s Comment:

The auditors highlighted that the financial results for Q1 FY27 were prepared based on books of account and available records to comply with SEBI LODR requirements. The quarterly results for FY25-26 were not subjected to limited review, and Q4 FY26 figures represent balancing figures derived from audited annual financial statements and unaudited nine-month information.

For consolidated results, the auditors issued a qualified opinion because: 1) Financial information was unavailable for Dehradun Highways Project Limited (under liquidation), Bareilly Highways Project Limited, Haridwar Highways Project Limited, and Era Infrastructure (India) Ltd. (all under CIRP); 2) Interest on borrowings classified as NPA and recalled by lenders was not recognized, which would have increased losses and liabilities by an unascertainable amount.

Key Financial Highlights [Rs. in lakhs]:

Standalone Results:

Revenue from Operations: ₹2,173.38 (Q1 FY27) vs ₹653.37 (Q4 FY26) - Significant sequential improvement

Total Income: ₹2,445.01 (Q1 FY27) vs ₹2,111.20 (Q4 FY26)

Net Profit/(Loss): (₹744.49) loss (Q1 FY27) vs ₹1,119.34 profit (Q4 FY26) - Material deterioration

EPS: Not calculated for current quarter

Other Equity: ₹4,00,137.14 (as of March 31, 2026)

Paid-up Equity Capital: ₹245.00 (Face Value ₹10 each)

Consolidated Results:

Revenue from Operations: ₹2,173.38 (Q1 FY27) vs ₹653.37 (Q4 FY26)

Total Income: ₹2,445.01 (Q1 FY27) vs ₹2,111.20 (Q4 FY26)

Net Profit/(Loss): (₹782.08) loss (Q1 FY27) vs ₹1,116.73 profit (Q4 FY26) - Material deterioration

EPS - Basic: (₹31.92) (Q1 FY27) vs ₹45.58 (Q4 FY26)

EPS - Diluted: (₹7.82) (Q1 FY27) vs ₹11.17 (Q4 FY26)

Other Equity: ₹3,59,495.11 (as of March 31, 2026)

Paid-up Equity Capital: ₹245.00 (Face Value ₹10 each)

Expense Breakdown (Standalone):

Direct contract expenses: ₹2,120.03

Employee benefits expense: ₹259.41

Finance costs: ₹42.72

Depreciation and amortization expense: ₹3.29

Other expense: ₹1,157.70

Total expense: ₹3,583.15

Exceptional Items (Standalone):

Exceptional Items (Expense)/(Income): (₹393.65) income (Q1 FY27) vs (₹279.38) income (Q4 FY26)

Entities Included in Consolidation:

The consolidated results include the following entities:

Subsidiary Companies:

  • West Haryana Highways Projects Pvt. Ltd.
  • Paulo Realtech Private Limited
  • Zedek Realtors Private Limited
  • Bragi Developers Private Limited
  • Yarikh Realtors Private Limited

Joint Ventures:

  • Era Patel Advance
  • Era Patel Advance Kiran
  • Rani Era
  • Induni Era
  • KMB Era
  • Optima Era Infra
  • Era Infra Buildsys
  • Metrostroy Era
  • Era Infra ARK Vidyut Urja
  • Era Ranken
  • Transglobal Era
  • Era Infra Sai Dutta

Associate Companies:

  • Hyderabad Ring Road Project Private Limited
  • Era Energy Limited

Other Significant Information:

The figures of previous periods/year have been re-grouped/re-classified to render them comparable with current period figures.

The consolidated financial results have been prepared based on the same principles adopted in the audited Consolidated Financial Statements for the year ended March 31, 2026.