Afcons Q3 PAT falls 37% YoY to Rs 105 cr; Chenab Bridge award positive
AFCONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Smallcap 250 and 0.3 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Afcons Infrastructure reported Q3FY26 standalone revenue of Rs 2,974 crore, down 7.2% YoY from Rs 3,205 crore. Standalone PAT fell 37% to Rs 105 crore vs Rs 167 crore, hit by a Rs 76.51 crore exceptional charge for new Labour Codes on retiral benefits. 9MFY26 revenue grew marginally to Rs 9,325 crore; PAT was Rs 353 crore. Company received a favorable Chenab Bridge arbitration award of Rs 243.53 crore. Board approved reclassification of 29 promoter group entities to public category.
Mixed results: weak Q3 PAT down 37% YoY hit by Rs 77 cr Labour Codes charge. Positive Chenab Bridge award of Rs 244 cr boosts receivables. Watch order inflows.