Afcons Infrastructure's 9M FY26 Profitability Resilient Despite Subdued Topline

Afcons Infrastructure Limited, a large international infrastructure player, announced its financial results for the quarter and nine months ended December 2025. The company's order book remained healthy at INR 31,543 Cr, providing good revenue visibility for the upcoming years. Total income stood at INR 9,545 Cr, marginally lower by 0.9% y-o-y. EBITDA for 9M FY26 was INR 1,269 Cr, up 1.8% y-o-y, with the corresponding EBITDA margin improving to 13.3%. PAT for 9M FY26 declined by 9.7% y-o-y to INR 339 Cr. The quarter witnessed several key operational milestones, including the successful breakthrough in the CIDCO tunnel project one month ahead of schedule.