Audited Financial Results for the Quarter/ Year ended March 31, 2026
NOIDATOLL · price
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Noida Toll Bridge Company (NTBCL) reported FY26 standalone revenue of Rs 58.73 crore, up 37.87% from Rs 42.60 crore in FY25, primarily due to one-time exceptional income. PAT turned positive at Rs 27.14 crore compared to a loss of Rs 244.29 crore in FY25 (which included exceptional item of Rs 232.50 crore related to NOIDA arbitration). Q4FY26 standalone revenue was Rs 12.71 crore (up 16.18% YoY) with PAT of Rs 3.90 crore. The auditors issued unmodified opinion but included an Emphasis of Matter regarding IL&FS moratorium - the company has not provided for unpaid interest on loans from ICICI Bank (Rs 8,227.78 lakhs cumulative) due to the NCLAT moratorium. Delhi High Court has granted interim stay on NOIDA's Rs 100+ crore demand for advertisement fees until July 2026.
The company has returned to profitability after large losses, but significant uncertainty remains due to unresolved IL&FS debt moratorium and NOIDA disputes. The Emphasis of Matter on unpaid interest (Rs 8,227.78 lakhs) and ongoing litigation pose contingent liability risks for shareholders.