Afcons Q1 FY27 Results: Revenue declines 20%, PAT drops 73% YoY
AFCONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Afcons Infrastructure Q1FY27: Standalone revenue declined 20.6 percent YoY to Rs 2,670.9 crore from Rs 3,363.3 crore. PAT fell 72.8 percent to Rs 36.9 crore from Rs 135.7 crore. EPS stood at Rs 1.00 versus Rs 3.69 YoY. Auditor flagged emphasis of matter on pending arbitration and High Court cases involving TTA JV, Dahej Jetty project, and KRCL Chenab Bridge, with large uncertain receivables. Exceptional items of Rs 5.51 crore related to new Labour Codes referenced.
Sharp YoY decline in revenue and profit; emphasis of matter on uncertain arbitration outcomes may weigh on sentiment. Watch resolution of large pending claims.