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. The standalone Profit After Tax for the quarter stood at ₹968.62 Million. The results were accompanied by the Limited Review Reports from the joint statutory auditors. The filing also detailed ongoing divestment plans and noted an ongoing CBI investigation without identifying any material financial impact at this stage.
Board Approves Q3 Financial Performance
H.G. Infra Engineering Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter ending December 31, 2025, and the nine-month period ending on the same date. The Board Meeting concluded on February 12, 2026, after reviewing recommendations from the Audit Committee.
Standalone Financial Highlights (Q3 FY2025-26)
Key metrics from the standalone results for the quarter ended December 31, 2025, compared to the previous quarter, indicate:
- Total Income: ₹14,528.16 Million (vs. ₹11,703.15 Million in Q2 FY2025-26).
- Profit Before Tax: ₹1,415.34 Million.
- Profit After Tax (PAT): ₹968.62 Million (vs. ₹673.06 Million in Q2 FY2025-26).
- Basic & Diluted EPS: 14.86 (not annualised).
For the nine-month period ended December 31, 2025, PAT reached ₹2,896.37 Million.
Consolidated Segment Performance
The Group reports results across two segments: EPC business (Construction) and Renewable business (power generation and sale). Key consolidated figures for the quarter ended December 31, 2025:
- Net Segment Revenue (Total): ₹14,211.60 Million.
- Profit Before Tax (Total): ₹1,390.07 Million.
- Profit After Tax (Attributable to Owners): ₹942.84 Million.
- Net Worth: ₹31,970.28 Million.
Auditor Review and Key Notes
The results include the Independent Auditor’s Review Reports for both standalone and consolidated financials. Several critical notes accompany the disclosures:
- Divestment Activity: The Board approved the divestment of 100% investment in five wholly owned subsidiaries (H.G. Khammam Devarapalle PKG-1 & 2, and three H.G. Raipur Visakhapatnam projects). The transaction is subject to conditions like achievement of COD and regulatory approvals.
- Exceptional Item (Note 4): The gain related to the sale of H.G. Rewari Bypass Private Limited, which was disclosed as an exceptional item of ₹573.71 Million in the standalone results for the year ended March 31, 2025, is referenced.
- Regulatory Scrutiny (Note 7): The company draws attention to an ongoing investigation by the Central Bureau of Investigation (CBI) following the custody of four employees on January 21, 2026. The company maintains that, based on assessment and legal counsel opinion, there is no material financial impact on the results at this stage.
The statutory compliance disclosures, including key financial ratios as required under Regulation 52(4) & 54(2), are provided in the annexures, showing ratios such as Debt Equity Ratio (1.89 times for consolidated) and Current Ratio (1.43 times for consolidated) as of December 31, 2025.
Source: BSE
