H.G. Infra Engineering Limited’s Board of Directors approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. Key figures from the standalone results show Total Income at ₹14,528.16 million for the quarter and Profit After Tax at ₹968.62 million. The results were accompanied by Limited Review Reports from the Joint Statutory Auditors.
Quarterly Results Announcement
H.G. Infra Engineering Limited announced the outcome of its Board Meeting held on February 12, 2026. The Board, following the recommendation of the Audit Committee, approved the Unaudited Standalone and Consolidated Financial Results for the period ending December 31, 2025.
Standalone Financial Highlights (Q3 FY2025-26)
The standalone statement reveals significant operational performance:
- Total Income for the quarter ended December 31, 2025 stood at ₹14,528.16 million, compared to ₹11,703.15 million in the previous corresponding quarter (Q3 FY2024-25).
- Total Expenses were ₹13,112.82 million for the current quarter.
- Profit Before Tax for the period reached ₹1,415.34 million.
- Profit After Tax (PAT) for the quarter was ₹968.62 million.
- Basic and Diluted Earnings Per Share (EPS) for the quarter were 14.86 (not annualised).
- For the nine months ended December 31, 2025, PAT was ₹2,896.37 million.
Consolidated Performance Overview
The consolidated results, which include the Holding Company, subsidiaries, and share of associates, show key figures for the quarter:
- Total Income reached ₹14,211.60 million.
- Profit Before Exceptional Items and Tax was ₹1,390.07 million.
- Profit After Tax attributable to owners was ₹940.83 million.
Segment Reporting Summary (Consolidated)
The Group reports two primary segments: EPC (Construction) and Renewable Business. For the quarter ended December 31, 2025:
- Construction Revenue: ₹15,000.93 million.
- Renewable Energy Revenue: ₹314.44 million.
- Total Segment Assets: Amounted to ₹1,11,312.80 million.
- Capital Employed: Stood at ₹31,970.28 million.
Auditor Review and Key Notes
Independent Auditor’s Review Reports
Independent Auditor’s Review Reports on both standalone and consolidated results were provided by the Joint Statutory Auditors, MSKA & Associates LLP and M/s Shridhar & Associates. The auditors concluded that based on their review, nothing came to their attention that suggests the statements are materially misstated or that required disclosures were omitted.
Divestment and Litigation Matters
The financial results include disclosures regarding significant corporate actions:
- Divestment: The Board approved the divestment of 100% investment in five wholly owned subsidiaries during the previous quarter (August 13, 2025). The Share Purchase Agreement was executed during the current quarter, though the transaction remains subject to conditions like COD achievement and regulatory approvals.
- Exceptional Item (Standalone): A gain of ₹573.71 million related to the sale of H.G. Rewari Bypass Private Limited was reported as an exceptional item for the year ended March 31, 2025.
- Litigation Uncertainty: Attention was drawn to Note 7 (Consolidated) and Note 6 (Standalone) concerning uncertainty arising from search proceedings conducted by the Central Bureau of Investigation (CBI), Anti-Corruption Bureau, Patna, involving the custody of four employees. At this stage, management assesses no material impact on the reported financial results.
Source: BSE
