Outcome of Board Meeting of CONCOR held on 25.05.2026 - Financial Result as on 31.03.2026

CONCOR reported FY26 standalone revenue of Rs 9,059.45 crore, up 2.2% from Rs 8,863.37 crore in FY25. Profit after tax declined to Rs 1,221.81 crore from Rs 1,271.98 crore in the prior year, representing a ~4% decline. EBITDA margin compressed year-over-year (FY26 EBITDA ~Rs 2,295 crore vs FY25 ~Rs 2,364 crore). The auditors issued an unmodified opinion. The Board declared a final dividend of Rs 1 per share (20%), bringing total dividend for FY26 to Rs 8.60 per share (172%) across four tranches. Key emphasis of matter notes include: (a) Land License Fee to Indian Railways booked at Rs 395.24 crore based on company's own assessment and not final, with no ROU assets/liability recognized; (b) Trade receivables of Rs 29.34 crore outstanding over 3 years with Rs 24.52 crore unprovided (including Rs 6.52 crore under legal proceedings); (c) reconciliation/confirmations pending for sundry debtors/creditors. The useful life of LNG trucks was revised from 8 to 15 years, reducing depreciation by Rs 8.07 crore. The auditors noted non-compliance with Board composition requirements (only 3 Independent Directors vs required).