Atlantaa Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net loss of ₹1.71 Cr for the financial year 2025-26, a significant decline from a profit of ₹425.72 Cr in the previous year. For the fourth quarter of FY26, the consolidated Profit After Tax (PAT) stood at ₹216.14 Cr. On a standalone basis, the company reported a PAT of ₹408.07 Cr for the full year, while Q4 PAT was ₹199.86 Cr.

Financial Performance

Consolidated total income for FY26 stood at ₹935.51 Cr, a decrease from ₹995.35 Cr in FY25. In Q4 FY26, consolidated total income was ₹348.54 Cr. The standalone total income for the year was ₹403.33 Cr, compared to ₹610.55 Cr in the prior year. The financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors on May 18, 2026.

The following table summarises the key financial metrics for the period:

Operational Highlights

The company's equity share capital remained unchanged at ₹1,630 Lakhs during the period. The earnings per share (EPS) on a consolidated basis after extraordinary items was ₹(0.21) for FY26, compared to ₹5.22 in the previous year. On a standalone basis, the EPS for the year was ₹0.50. The detailed financial results are available on the company's website and the stock exchange portals.

Afcons Infrastructure Limited announced that its Board of Directors, at its meeting held on May 18, 2026, approved the re-appointment of its top leadership for a two-year term, along with key changes in Senior Management Personnel (SMPs). Mr. Subramanian Krishnamurthy has been re-appointed as Executive Chairman, while Mr. Srinivasan Paramasivan has been re-appointed as Managing Director. Both appointments are effective from July 1, 2026, to June 30, 2028, subject to the approval of shareholders at the ensuing Annual General Meeting.

Director Re-appointments

The Board approved the re-appointment of Mr. Subramanian Krishnamurthy (DIN: 00047592) as a Whole-Time Director designated as Executive Chairman. Mr. Krishnamurthy has been a Whole-Time Director on the Board since 2002 and brings over four decades of experience in project planning, execution, overall project management, contract management, and corporate planning. He is an alumnus of NIT, Tiruchirappalli (Mechanical Engineering) and IIM, Mumbai (formerly NITIE, Mumbai, Industrial Engineering), and is internationally recognised for his expertise in contractual matters and dispute resolution. He is India's sole representative in the Dispute Review Board Foundation, USA, and collaborates with NITI Aayog and various central and state government ministries.

Concurrently, the Board re-appointed Mr. Srinivasan Paramasivan (DIN: 00058445) as Managing Director. Mr. Paramasivan has also been a Whole-Time Director on the Board since 2002 and brings over 43 years of industry experience with a focus on banking, finance, commercial matters, and business development. He holds qualifications including CAIIB, FCMA, FCS, and is a Stanford Certified Project Manager. He serves as Chairman of the Project Export Promotion Council (PEPC) and was appointed as an Additional Director on the Board of the Construction Skill Development Council of India (CSDCI). Neither director is related to any other Director of the Company, and neither is debarred from holding office by virtue of any SEBI order.

Senior Management Changes

The Board also approved several changes in Senior Management Personnel based on the recommendations of the Nomination and Remuneration Committee. Mr. Gokul Javalikar, Director (Non-Board Member) and Head of the Marine and Industrial Business Unit, will step down from his role effective the close of business hours on June 30, 2026, due to retirement, and will consequently cease to be designated as a Senior Management Personnel from that date.

In succession, Mr. Satish Tengeri, Executive Vice President (Operations), has been elevated to the position of Business Unit Head – Industrial Division effective July 1, 2026, and will be categorised as a Senior Management Personnel from the same date. Mr. Tengeri is a Civil Engineering professional with over four decades of experience in the execution and management of complex marine and industrial infrastructure projects, having spent 19 years at Afcons and previously worked with HCC, ECC (L&T), and Essar Group. Additionally, Mr. R. Ramkumar, Executive Vice President (Contracts & Legal), has been categorised as a Senior Management Personnel effective May 18, 2026. Mr. Ramkumar is a techno-legal professional with more than 27 years of experience in contracts administration and management of large-scale infrastructure projects, holding qualifications including B.Tech. (Civil Engineering), MBA (Operations), and LL.B. from the University of Mumbai.