Ahluwalia Contracts (India) has officially announced securing a significant contract worth ₹393.04 crore from the Airport Authority of India for developing a new greenfield airport at Bundi, Kota, Rajasthan. The company disclosed this major contract award through a regulatory filing under SEBI (LODR) Regulations 2015.

Contract Specifications

The formal announcement provides comprehensive details about this infrastructure project. The contract involves building construction for a completely new airport facility in the Bundi-Kota region of Rajasthan.

Regulatory Compliance

Ahluwalia Contracts filed the mandatory disclosure with BSE Limited, National Stock Exchange of India Ltd, and Calcutta Stock Exchange Ltd. The company confirmed this is a domestic contract with no related party transactions involved. The promoter group has no interest in the awarding entity, ensuring arms-length transaction compliance.

Project Significance

This greenfield airport development represents a major infrastructure initiative for enhancing regional connectivity in Rajasthan. The Airport Authority of India's selection of Ahluwalia Contracts demonstrates confidence in the company's execution capabilities for complex aviation infrastructure projects. The 18-month timeline reflects the company's commitment to efficient project delivery while maintaining quality standards in airport construction.

Ahluwalia Contracts (India) Limited has delivered a strong financial performance in the third quarter of FY26, showcasing consistent growth across key operational metrics. The engineering, designing, and construction company reported its unaudited results for the quarter ended December 31, 2025, reflecting robust business momentum.

Financial Performance Overview

The company's quarterly performance demonstrates solid growth trajectory with revenue from operations reaching ₹1,060.72 crore in Q3FY26, compared to ₹951.96 crore in the corresponding quarter of the previous year. This represents a healthy growth rate of 11.43%, indicating strong project execution capabilities.

Earnings Per Share Performance

The company maintained consistent earnings per share performance with both basic and diluted EPS at ₹8.06 for Q3FY26, compared to ₹7.37 in the corresponding quarter of the previous year. The paid-up equity share capital remained stable at ₹13.40 crore with a face value of ₹2 per share.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, showcased even stronger performance metrics. Revenue from operations reached ₹3,242.90 crore, marking a significant 12.50% increase from ₹2,882.79 crore in the corresponding period of the previous year.

Corporate Developments

The Board of Directors approved a significant corporate restructuring initiative during their meeting held on February 14, 2026. The scheme involves the amalgamation of five wholly-owned subsidiaries with the parent company on a going concern basis. These subsidiaries include Dipesh Mining Pvt. Ltd., Jiwanyoti Traders Pvt. Ltd., Paramount Dealcomm Pvt. Ltd., Preamsagar Merchants Pvt. Ltd., and Splendor Distributors Pvt. Ltd. All transferor companies are engaged in real estate activities and generate rental income.

Regulatory and Compliance Updates

The company has implemented provisions related to the new Labour Codes notified by the Government of India on November 21, 2025. This implementation resulted in an increase of ₹131.96 lakhs in gratuity provisions, which has been recognized as employee benefit expense in the current quarter's financial results. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have undergone limited review by statutory auditors, who expressed an unmodified conclusion on the results.