The board of directors at the meeting held on 13th February 2026 has, inter-alia, considered and re-appointed M/s. GNST & Associates, Chartered Accountants as internal auditors for the ....
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Constronics Infra's board, at its 13th February 2026 meeting, approved the unaudited standalone and consolidated financial results for Q3 and 9 months ended 31 December 2025. Standalone Q3 revenue stood at Rs 905.36 lakhs (down from Rs 1,587.12 lakhs in Q3 FY25), with net profit of Rs 43 lakhs (vs Rs 95.50 lakhs YoY). On a 9-month basis, however, standalone revenue grew to Rs 4,146.82 lakhs from Rs 3,254.84 lakhs and net profit rose to Rs 285.76 lakhs from Rs 211.63 lakhs. The board also re-appointed M/s. GNST & Associates as internal auditor for FY 2025-26. Statutory auditors B. Thiagarajan & Co. issued a qualified review report flagging Rs 5.87 lakhs of company cash seized by an investigating agency in a case unrelated to the company's business. The company continues to be a corporate guarantor and equity pledger for an SBI term loan to its subsidiary Constronics Energy Solutions.
Mixed signals for shareholders: strong 9-month profit growth is offset by a sharp sequential quarterly revenue dip and a continuing qualified auditor remark over seized cash. Re-appointment of internal auditor is routine and unlikely to move the stock. Watch for clarity on the seized cash matter and subsidiary-level debt exposure.