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HILINFRA · price
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Highway Infrastructure Limited has released its audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The Board meeting held on May 26, 2026 approved these results. Total Income for the year stood at Rs. 743.35 million on standalone basis. Total Assets grew significantly from Rs. 2,151.73 million to Rs. 3,658.86 million, while Total Equity increased from Rs. 1,400.94 million to Rs. 2,282.56 million. The statutory auditors M/s. Anil Kamal Garg & Co. issued an unmodified (clean) opinion on the financial statements. The consolidated results include subsidiary Highway and Tendon Tollways Private Limited, which reported revenues of Rs. 97.14 million and net loss of Rs. 6.02 million for the year. The company also declared no deviation in IPO proceeds utilization.
Clean audit opinion indicates reliable financial reporting. Significant growth in assets and equity suggests successful deployment of IPO funds. Shareholders can take comfort from the unmodified auditors report, though the subsidiary loss may warrant monitoring.