Era Infra Engineering Limited Regulatory Clarification

Company Response to Regulatory Query

Date of Communication: September 7, 2026

Nature of Query: The National Stock Exchange of India Limited sought clarification under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the financial results for the quarter ended June 30, 2026.

Company's Clarification Details

Segment Information: The company clarified it operates in a single reportable segment, therefore no separate segment disclosures were required for the quarter ended June 30, 2026.

Machine Readable Submission: The company submitted a machine-readable copy of the financial results for the quarter ended June 30, 2026 as requested by the exchange.

Financial Results Clarification

Standalone Financial Performance (Rs in lakhs):

  • Revenue from operations: 2,173.38 (Jun-26) vs 61.80 (Jun-25)
  • Other income: 271.63 (Jun-26) vs 200.17 (Jun-25)
  • Total income: 2,445.01 (Jun-26) vs 261.97 (Jun-25)
  • Total expenses: 3,583.15 (Jun-26) vs 459.14 (Jun-25)
  • Profit/(Loss) before tax: (1,138.14) (Jun-26) vs (197.11) (Jun-25)
  • Profit/(Loss) after tax: (393.65) (Jun-26) vs (205.57) (Jun-25)
  • Total comprehensive income: (744.49) (Jun-26) vs (893.68) (Jun-25)

Consolidated Financial Performance (Rs in lakhs):

  • Revenue from operations: 2,173.38 (Jun-26) vs 61.80 (Jun-25)
  • Other income: 271.63 (Jun-26) vs 200.17 (Jun-25)
  • Total income: 2,445.01 (Jun-26) vs 261.97 (Jun-25)
  • Total expenses: 3,620.73 (Jun-26) vs 469.30 (Jun-25)
  • Profit/(Loss) before tax: (782.08) (Jun-26) vs (215.81) (Jun-25)
  • Profit/(Loss) after tax: (782.08) (Jun-26) vs (903.92) (Jun-25)
  • Total comprehensive income: (782.08) (Jun-26) vs (903.92) (Jun-25)
  • Total comprehensive income attributable to shareholders: (1,187.40) (Jun-26) vs (898.97) (Jun-25)

Auditor Qualifications:

The auditors, R.C. Chadda & Co. LLP, issued a qualified review report highlighting:

1. Non-availability of financial information from subsidiaries under Corporate Insolvency Resolution Process (CIRP) - Rampur Highway Project Limited, Dehradun Highways Project Limited, Bareilly Highways Project Limited, Haridwar Highways Project Limited, and Era Infrastructure (India) Ltd.

2. Non-recognition of interest on borrowings classified as Non-Performing Assets (NPA) by lenders, which would have increased losses and liabilities by an unascertainable amount

Retrospective Preparation: The management prepared quarterly financial results for FY2025-26 based on available records to comply with SEBI LODR Regulations. The quarterly results for June 30, 2025, September 30, 2025, and December 31, 2025 were not subjected to limited review as no quarterly results were published during FY2025-26. Only the annual financial statements for year ended March 31, 2026 were audited.

Subsidiaries and Associates: The consolidated results include numerous subsidiaries and joint ventures including Era Infra ARK Vidyut Urja Joint Venture, Metrostroy Era Joint Venture, multiple highways projects, real estate entities, and Hyderabad Ring Road Project Private Limited (Associate Company).

Topic Tags: SEBI Regulation 33, Financial Results, Corporate Insolvency Resolution Process, NPA Borrowings, Subsidiary Financials