Tag
Roads & Highways
7 articles
Recent developments highlight a positive, albeit varied, outlook for the roads and highways sector. Several companies are demonstrating strong financial performance, with KNR Constructions reporting a substantial 450% increase in Q1 FY27 profit driven by asset sales and securing significant new orders, while SRM Contractors also posted robust revenue growth and upgraded credit ratings. MBL Infrastructure’s return to profitability following an IBC resolution underscores the potential for recovery within the sector, though uncertainties remain regarding a subsidiary's financial stability. These developments, alongside NHAI's expansion of internship programs, suggest continued investment and growth opportunities within India’s infrastructure development landscape.
MBL Infrastructure Corporate Presentation FY26
MBL Infrastructure Ltd. provides a corporate overview highlighting its civil engineering projects in roads, buildings, and urban infrastructure.
The company's Resolution Plan under IBC was implemented
Bharat Road Network Q1 Loss ₹152.5 Cr, Qualified Audit
Bharat Road Network reported a standalone net loss of ₹152.51 crore for Q1 FY27, with auditors issuing a qualified opinion over non-provision of interest.
The company disclosed material uncertainty ov
Highway Infrastructure Q1 Revenue Up 170.6% YoY
Highway Infrastructure Q1 FY27 revenue surged 170.6% YoY to ₹304.3 crore driven by tollway and EPC segments.
Profitability declined with EBITDA margin at 1.6% due to lower traffic volumes at key toll
SRM Contractors Q1 FY27 Revenue Up 38% YoY
SRM Contractors reported Q1 FY27 revenue of ₹196 crore, up 38% YoY, with PAT of ₹20 crore and a 10% margin.
The company's order backlog stands at ₹2,190.20 crore as of June 2026, with a tender pipelin
NHAI Opens 1,080 Winter and Term Internship Positions
NHAI opens enrollment for 1,080 internship positions across 125 national highway projects for Winter 2026-27 and Term 2027 programs.
Eligible students from recognized institutions can apply through th
NHAI Review Petitions Dismissed by Supreme Court
Supreme Court dismissed NHAI’s review petitions (C) No…/2026 challenging Civil Appeals 11191‑11192, citing unaddressed defects.
Defects were communicated to counsel on 23 Dec 2025 but remained uncured
KNR Constructions Q1FY27 PAT Soars 450% YoY
KNR Constructions reported standalone Q1FY27 PAT of ₹2,822.7 million, up 450% YoY, driven by a ₹2,853.3 million exceptional gain from asset sales.
The company secured new orders worth ₹65.7 billion, i