Consolidated Construction Consortium has announced its audited financial results for the year ended March 31, 2026, with the Board of Directors approving the results on April 28, 2026. The company reported a net profit of ₹999.21 crore in standalone results, compared to ₹504.02 crore in the previous year. Total income for FY26 stood at ₹3,253.82 crore, up from ₹2,544.54 crore in FY25.

Financial Performance Summary

The standalone financial results show significant improvement across key metrics, driven by exceptional items during the year.

Exceptional Items and Key Developments

The exceptional items of ₹927.18 crore significantly impacted the financial performance. This includes a gain of ₹957.84 crore from the sale of investments in CCCL Infrastructure Limited and its step-down subsidiary CCCL Pearl City Food Port SEZ Limited to DPF Textiles Pvt Ltd during the quarter ended June 30, 2025. Additionally, the company recorded a change in fair value of ₹306.59 lakh on investments in Non-convertible Debentures due to market sentiment amid the west Asia war scenario, classified as an exceptional item.

Consolidated Performance

In consolidated results, the company reported a net profit of ₹635.42 crore for FY26, compared to ₹876.41 crore in the previous year. Total income stood at ₹3,241.78 crore for the year. The balance value of work on hand for execution as at March 31, 2026 is ₹1,18,675.71 lakhs, indicating strong order book position.

Auditor's Report

The statutory auditors, ASA & Associates LLP, issued a qualified opinion on both standalone and consolidated financial results. The qualifications relate to non-receipt of confirmations for loans and advances, sundry creditors, and other liabilities; non-identification of micro and small enterprises and dues thereon; and non-estimation of interest and penalties on earlier years' statutory dues paid in the preceding year. Management believes no material adjustments would be required upon receipt of confirmations.

Consolidated Construction Consortium Ltd has announced major leadership changes following its board meeting on April 28, 2026. The company's board of directors approved key appointments and re-appointments that will shape the organization's management structure for the next five years.

Board Approvals and Leadership Changes

The board meeting resulted in three significant decisions regarding the company's senior management. All decisions were made following recommendations from the Nomination and Remuneration Committee and are subject to shareholder approval.

Leadership Profiles and Experience

Sri R Sarabeswar, a company promoter, brings over 40 years of construction sector experience. He holds a bachelor's degree in civil engineering from Regional Engineering College, Thiruchirapalli, where he was a gold medalist, and a Management Degree in strategy from London University. His previous experience includes roles at Larsen & Toubro Limited, SPIC SMO Division, and the Shobhakshi Group in Saudi Arabia. He received the best alumnus award from Regional Engineering College, Thiruchirapalli in 2007.

Sri S Sivaramakrishnan, also a company promoter, has over 45 years of construction industry experience. He completed his Bachelor's Degree in Civil Engineering with Gold Medal from Coimbatore Institute of Technology, University of Madras, and holds a Post Graduate Degree in structural engineering from College of Guindy, Chennai, along with an MBA from University of Madras. He previously served as Engineer with the ECC division of Larsen and Toubro Limited and in the design department of SPIC Limited.

Sri S Subramanian, the newly appointed Managing Director, holds degrees in Civil and Structural Engineering from Annamalai University and a postgraduate qualification in Construction Engineering and Management from College of Engineering, Guindy. With over three decades of professional experience in India's infrastructure sector, he previously held leadership roles at Larsen & Toubro Limited.

Regulatory Compliance

All appointments comply with the Companies Act, 2013, SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and the company's Articles of Association. The appointments follow SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that none of the appointed directors are debarred from holding directorial positions by SEBI or any other regulatory authority.

These leadership changes represent a strategic move to strengthen the company's management structure as it continues its operations in the construction sector across its regional offices in Bangalore, Chennai, Hyderabad, and New Delhi.