Akash Infra-Projects reports FY26 revenue growth, profit rises

2 min read     Updated on 31 May 2026, 06:19 AM
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Akash Infra-Projects Limited reported a standalone net profit of ₹56.53 lakh for FY26, with revenue rising to ₹5,216.68 lakh. Consolidated net profit for the year was ₹65.10 lakh on revenue of ₹8,176.02 lakh. The Board approved the audited results on May 30, 2026, and the statutory auditors issued an unmodified opinion.

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Akash Infra-Projects Limited reported a standalone net profit of ₹56.53 lakh for the financial year ended March 31, 2026, compared to ₹36.05 lakh in the previous year. Revenue from operations for the year increased to ₹5,216.68 lakh from ₹2,651.41 lakh in FY25. The company’s Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the standalone net profit stood at ₹44.90 lakh, while revenue from operations was ₹3,069.55 lakh. Total income for the quarter was ₹3,086.12 lakh. The company reported exceptional items amounting to ₹33.80 lakh for the year, attributed to the statutory impact of new Labour Codes notified by the Government of India. This impact arises from restructured employee compensation effective April 1, 2026.

On a consolidated basis, the company reported a net profit of ₹65.10 lakh for FY26, a decrease from ₹89.36 lakh in the previous year. Consolidated revenue from operations rose to ₹8,176.02 lakh from ₹5,799.64 lakh in FY25. For the quarter ended March 31, 2026, the consolidated net profit was ₹64.80 lakh on a total income of ₹3,785.98 lakh. The Group’s operations span two primary segments: Construction and Fuel and Grocery.

The Statutory Auditors, M/s. Arpan & Associates LLP, issued an unmodified opinion on the audited financial results. The auditors noted that trade receivables outstanding for a period exceeding 180 days aggregate to ₹143.99 Crores, with a major portion pertaining to matters presently sub-judice. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS).

Standalone Financial Results

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue From Operations 5,216.68 2,651.41
Total Income 5,282.22 2,708.77
Total Expenses 5,182.33 2,658.64
Profit Before Tax 66.09 50.13
Net Profit For The Period 56.53 36.05
Earnings Per Share (Basic) 0.34 0.21

Consolidated Financial Results

Particulars Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue From Operations 8,176.02 5,799.64
Total Income 8,280.66 5,874.44
Total Expenses 8,155.01 5,768.80
Profit Before Tax 91.85 105.64
Net Profit For The Period 65.10 89.36
Earnings Per Share (Basic) 0.386 0.53

Historical Stock Returns for Akash Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.59%-0.69%-2.68%+4.96%-6.03%-87.01%

What is the expected timeline for resolution regarding the ₹143.99 Crores of sub-judice trade receivables?

How will the restructuring of employee compensation under the new Labour Codes impact operational costs starting April 1, 2026?

What strategies will the company employ to improve consolidated net profit margins given the revenue increase in FY26?

Akash Infra Projects Receives Favourable Commercial Court Order Against Ahmedabad Municipal Corporation

1 min read     Updated on 08 May 2026, 07:28 AM
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Akash Infra Projects Limited disclosed on 07th May, 2026, that the Commercial Court at City Civil Court, Ahmedabad, upheld the Arbitrator's Awards dated 31.01.2022 in the matter against Ahmedabad Municipal Corporation. The Court found the Awards lawful, reasoned, and free from irrationality, rejecting both AMC's plea to quash the Awards and the Contractor's plea to enhance the awarded amounts. All applications filed by both parties were dismissed. No financial implications are applicable at this stage, as the plea of compensation was rejected and the quantum of claims was noted as not applicable.

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Akash Infra Projects Limited has made a disclosure to the National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated 07th May, 2026. The disclosure pertains to a Common Order received from the Commercial Court at City Civil Court, Ahmedabad, in the matter of Akash Infra Projects Limited versus Ahmedabad Municipal Corporation, Ahmedabad.

Court Ruling and Litigation Outcome

The Commercial Court at City Civil Court, Ahmedabad, delivered its ruling in the dispute between Akash Infra Projects Limited and Ahmedabad Municipal Corporation (AMC). The Court examined the Arbitrator's Awards dated 31.01.2022 and concluded that they were lawful, reasoned, and free from irrationality, finding no contradictions or patent illegality in the findings of the Arbitral Tribunal.

The following table summarises the key details of the litigation as disclosed under Regulation 30:

Parameter: Details
Counter Party: Ahmedabad Municipal Corporation, Ahmedabad
Court / Tribunal: The Commercial Court at City Civil Court, Ahmedabad
Awards Date: 31.01.2022
Court's Finding: Awards held lawful, reasoned, and free from irrationality
AMC's Plea: Rejected — plea to quash the Awards dismissed
Contractor's Plea: Rejected — plea to enhance awarded amounts dismissed
Outcome: All applications by both parties dismissed; Awards upheld
Financial Implications: Not applicable at this stage since plea of compensation is rejected
Quantum of Claims: Not applicable in the given case

Key Highlights of the Order

  • The Court rejected AMC's plea to quash the Arbitrator's Awards dated 31.01.2022.
  • The Court also rejected the Contractor's plea to enhance the awarded amounts.
  • All applications filed by both parties were dismissed, and the Awards were upheld in their entirety.
  • No financial implications are applicable at this stage, as the plea of compensation has been rejected.
  • The quantum of claims has been noted as not applicable in the given case.

Regulatory Disclosure

The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023. The communication was signed by the Company Secretary and Compliance Officer on behalf of Akash Infra Projects Limited and addressed to the National Stock Exchange of India Limited.

Historical Stock Returns for Akash Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.59%-0.69%-2.68%+4.96%-6.03%-87.01%

Will Akash Infra Projects or AMC appeal the Commercial Court's ruling to a higher court, and how might a prolonged legal battle impact the company's future contract prospects with municipal bodies?

How does the upholding of the original arbitration awards without enhancement affect Akash Infra Projects' financial position and its ability to pursue new infrastructure projects?

Could this court outcome influence how Akash Infra Projects structures future contracts with government entities, particularly regarding dispute resolution and arbitration clauses?

More News on Akash Infra Projects

1 Year Returns:-6.03%