Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, we are submitting herewith Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2026.
Awaiting price reaction for this filing.
AJR Infra and Tolling Limited has reported standalone profit after tax of Rs 31,448.36 Lacs for FY 2025-26, a significant turnaround from a loss of Rs 11,172.09 Lacs in the previous year. Total income stood at Rs 2,401.30 Lacs for the year, up from Rs 1,160.22 Lacs in FY 2024-25. The profit surge was primarily driven by an exceptional item of Rs 31,319.27 Lacs, which represents reversal of provisions following one-time settlement (OTS) of the Sidhi Singrauli Road Project with lenders. The auditors issued an unmodified opinion but highlighted material uncertainty regarding going concern, noting that current liabilities exceed current assets by Rs 1,12,907.20 Lacs. Other equity remains deeply negative at Rs 1,20,934.97 Lacs. Multiple subsidiary projects (Patna Highway, Rajahmundry Bridge, Pravara Renewable Energy) continue to face legal disputes and insolvency proceedings.
While the company returned to profit driven by exceptional items from debt settlements, the severe negative equity and liquidity crunch raise substantial doubts about its ability to continue as a going concern. Shareholders should monitor ongoing litigations and the company's ability to resolve legacy debt issues.