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Highway Infrastructure Ltd announced a sharp increase in its net profit for the September quarter, reporting INR 9.7 crore compared with INR 1.6 crore during the same period last year. The company expressed confidence in executing EPC projects worth INR 150-200 crore over the next two years while actively bidding for fresh contracts valued around INR 250 crore. With new orders in toll operations and greenfield expressways across several states, the company achieved its highest-ever order book of INR 775 crore, indicating sustained revenue visibility.
Highway Infrastructure Ltd reported a significant jump in its net profit for the September quarter, reaching INR 9.7 crore compared with INR 1.6 crore recorded in the corresponding period last year. The infrastructure firm, which operates in tollway collection, EPC infrastructure, and real estate, revealed its plans to execute EPC projects worth between INR 150 crore and INR 200 crore over the next two years. Advertisement
Arun Kumar Jain, Managing Director of Highway Infrastructure Ltd, mentioned that the company was actively bidding for new projects valued at approximately INR 250 crore. He further highlighted that the quarter saw a strong inflow of new orders, including expansion works in toll operations at Kiratpur and Muzaina Fee Plazas in Uttar Pradesh, a greenfield expressway project in Rajasthan, and operations at Chotiya Fee Plaza in Chhattisgarh.
Jain stated that the company had achieved its highest-ever order book of INR 775 crore, which, according to him, ensured robust revenue visibility for the foreseeable future.
During the September quarter, the firm reported total revenue of INR 115.3 crore compared with INR 119.39 crore in the corresponding period last year. For the first half of FY26, the company recorded a net profit of INR 16.9 crore, reflecting notable earnings momentum when compared with the INR 22.4 crore reported for the entire FY25. Total revenue for the first half of FY26 stood at INR 227.8 crore, marginally higher than INR 226.8 crore reported during the same period last year.
Highway Infrastructure Ltd's strong performance during the September quarter underscored its growing presence in India's infrastructure landscape. With its record order book and new projects in progress across multiple states, the company remains focused on expanding its EPC portfolio and sustaining profitability in the near term. Management's strategic approach towards bidding and executing large-scale infrastructure contracts positions it for continued growth and stable earnings visibility through the coming financial years.
Source - PTI
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