Summary of Key Information:

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

Nature of Filing / Announcement: Unaudited Standalone and Consolidated Financial Results

Audit Opinion:

Limited Review Report issued by Joint Statutory Auditors - Clean opinion with emphasis of matter regarding CBI investigation uncertainty.

Key Financial Highlights [Amount in ₹ Million]:

Standalone Results:

Revenue from Operations: ₹9,072.36 (Q1 FY27) vs ₹17,092.43 (Q1 FY26) - 47.0% decrease YoY

Total Income: ₹9,101.37 (Q1 FY27) vs ₹17,115.19 (Q1 FY26) - 46.8% decrease YoY

EBITDA: Not separately disclosed

Net Profit: ₹282.72 (Q1 FY27) vs ₹1,254.69 (Q1 FY26) - 77.5% decrease YoY

EPS: ₹4.34 (Q1 FY27) vs ₹19.25 (Q1 FY26)

Other Equity: Not specified for quarter

Cash and Cash Equivalents: Not specified for quarter

Debt: Not separately disclosed for quarter

Consolidated Results:

Revenue from Operations: ₹11,005.85 (Q1 FY27) vs ₹14,822.02 (Q1 FY26) - 25.8% decrease YoY

Total Income: ₹11,060.51 (Q1 FY27) vs ₹14,845.46 (Q1 FY26) - 25.5% decrease YoY

EBITDA: Not separately disclosed

Net Profit: (₹445.18) loss (Q1 FY27) vs ₹992.64 profit (Q1 FY26)

EPS: (₹6.83) (Q1 FY27) vs ₹15.23 (Q1 FY26)

Other Equity: Not specified for quarter

Cash and Cash Equivalents: Not specified for quarter

Debt: Not separately disclosed for quarter

Segment-wise Performance:

Standalone Segment (Construction only):

Segment Revenue: ₹9,072.36 million (Q1 FY27)

Segment Profit: ₹465.19 million (Q1 FY27)

Consolidated Segments:

The Group has two reportable segments:

1. Construction Segment Revenue: ₹9,079.65 million (Q1 FY27)

2. Renewable Energy Segment Revenue: ₹1,027.53 million (Q1 FY27)

Total Segment Profit: ₹1,558.38 million (Construction) + ₹1,027.53 million (Renewable) = ₹2,585.91 million (Q1 FY27)

Corporate Actions:

Dividend: Not declared

Share Split/Bonus/Buyback: Not announced

Capital Raising: Not announced

Other Significant Information:

Subsidiary Divestments (Exceptional Items):

The Company completed divestment of stakes in five road project SPVs:

Previous Quarter (Q4 FY26):

  • 100% stake in H.G. Khammam Devarapalle PKG-2 Private Limited sold for ₹1,077.70 million (Gain: ₹419.36 million standalone / ₹145.66 million consolidated)
  • 49% stake in H.G. Khammam Devarapalle PKG-1 Private Limited sold for ₹682.72 million (Gain: ₹292.07 million standalone / ₹178.70 million + ₹185.99 million fair value gain consolidated)

Current Quarter (Q1 FY27):

  • Remaining 51% stake in H.G. Khammam Devarapalle PKG-1 Private Limited sold for ₹730.32 million (Gain: ₹323.73 million standalone / ₹19.73 million consolidated)
  • 100% stake in H.G. Raipur Visakhapatnam OD-6 Private Limited sold for ₹760.21 million (Gain: ₹41.60 million standalone / Loss: ₹268.15 million consolidated)
  • 49% stake in H.G. Raipur Visakhapatnam OD-5 Private Limited sold for ₹1,256.61 million (Loss: ₹64.21 million standalone / Loss: ₹484.95 million consolidated)
  • Impairment charge of ₹275.33 million on H.G. Raipur Visakhapatnam AP-1 Private Limited

New Subsidiaries:

During the quarter, 2 new subsidiaries were incorporated by the Company.