Announced Tue, 28 Oct · 13:38 IST

Outcome of the Board Meeting for approval of first half year un-audited financial results for the period ended 30th September, 2025.

Results RestatedPat Growth 25pctResults View source PDF

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AI summary

Bondada Engineering's Board, at its meeting on 28 October 2025, approved the unaudited financial results for the first half of FY26 (April-September 2025) along with the auditor's limited review report. On a consolidated basis, revenue from operations stood at approximately ₹1,21,667 lakhs, broadly flat compared to ₹1,22,039 lakhs in H1FY25. Profit before tax was ₹12,465 lakhs, down about 18% from ₹15,235 lakhs in the same period last year. However, consolidated profit after tax jumped sharply to ₹9,230 lakhs from ₹3,672 lakhs, a rise of around 151% year-on-year. Standalone revenue was ₹96,668 lakhs. The statutory auditor (Sreedar Mohan & Associates) issued an unmodified limited review opinion on both standalone and consolidated results. Prior period figures have been recast to Ind AS for the first time, supported by a reconciliation note. The company also incorporated two new subsidiaries - Greenbond RE Park (for a 2 GW solar power project) and Bondada Dynamics (defence sector).

Likely market impact

Mixed picture - near-flat revenue but a sharp jump in bottomline profit suggests improving operational efficiency or one-time tax benefits. Investors should note the first-time migration to Ind AS, which changes the basis of comparison with prior periods. Expansion into solar and defence verticals indicates business diversification.