Uploading of UFRs for Q2, FY 2025-26
IL&FSENGG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of IL&FS Engineering and Construction Company approved its unaudited Q2 FY26 and H1 FY26 results on November 14, 2025. Standalone revenue from operations fell sharply to Rs. 4,122 lakhs in Q2 (from Rs. 6,589 lakhs a year ago) and to Rs. 9,575 lakhs for H1 (from Rs. 15,141 lakhs), a roughly 37% decline. The company reported a standalone net loss of Rs. 1,119 lakhs for H1 FY26, slightly narrower than the Rs. 1,377 lakh loss in H1 FY25, with loss per share of Rs. 0.85. Accumulated losses have ballooned to Rs. 3,61,156 lakhs and net worth is fully eroded, with current liabilities exceeding current assets by Rs. 3,85,192 lakhs. The auditor flagged a material uncertainty on going concern, noting the company's survival depends on the ongoing NCLAT-supervised resolution process for the IL&FS group. Cash flow from operations remained negative at Rs. (1,996) lakhs, and the auditor gave a qualified conclusion on the consolidated results due to unavailable data from an overseas subsidiary.
For shareholders, this filing reinforces the severe distress at the company — its net worth is wiped out, operations are shrinking, and going concern is uncertain pending the IL&FS group resolution process. The stock is likely to remain under pressure with limited near-term recovery prospects until the NCLAT-led resolution is finalized.