Constronics Infra Limited reported a net profit of ₹310.61 lakh for the financial year ended March 31, 2026, down from ₹313.18 lakh in the previous year, on a total income of ₹5,038.51 lakh. The company's statutory auditors, B. Thiagarajan & Co, issued a qualified opinion on the standalone and consolidated financial results due to a lack of provision for cash seized by an investigating agency.

The auditors drew attention to Note No. 3 in the financial results, which states that cash and cash equivalents of ₹47.45 lakh include an amount of ₹5.87 lakh seized by an investigating agency in connection with an investigation not related to the business operations of the company. The company did not make any provision for this amount during the current year, a matter that was also reported in the audit report for the previous year.

Had the company recognized a provision for the seized amount, the profit before tax for the year ended March 31, 2026, would have reduced to ₹410.47 lakh instead of the reported ₹416.34 lakh. Consequently, the net profit after tax would have been ₹304.74 lakh, compared to the reported ₹310.61 lakh. The adjusted earnings per share would have been ₹2.43 against the reported ₹2.48.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹24.85 lakh, a decrease from ₹101.56 lakh in the same period of the previous year. Total income for the quarter stood at ₹735.09 lakh, significantly lower than the ₹1,898.47 lakh reported in the corresponding quarter of the prior year. Total expenses for the quarter were ₹701.89 lakh.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹282.02 lakh for the year ended March 31, 2026, compared to ₹313.18 lakh in the previous year. Total consolidated income was ₹5,032.49 lakh. The auditors noted that the consolidated profit before tax would have reduced to ₹372.26 lakh had the provision for the seized cash been made, impacting the net profit after tax to ₹276.15 lakh.

The balance sheet as of March 31, 2026, shows total assets at ₹4,908.17 lakh, with total equity and liabilities at the same level. The company's cash and cash equivalents decreased to ₹47.45 lakh from ₹708.70 lakh in the previous year, largely due to investments in subsidiaries and deposits.

Constronics Infra Limited reported a net profit of ₹310.61 lakh for the year ended March 31, 2026, a decrease from ₹313.18 lakh in the previous year. The company's statutory auditors, B. Thiagarajan & Co., issued a modified opinion on the audited financial results, citing a seized cash amount of ₹5.87 lakhs for which no provision was made. The board approved the standalone and consolidated financial results at a meeting held on May 29, 2026.

The qualified opinion arises because the cash and cash equivalents of ₹47.45 lakhs presented under current assets includes the seized amount. The investigation related to this seizure is not connected to the company's business operations. Had the company recognized a provision for this amount, the profit before tax for the year would have reduced to ₹410.47 lakhs from the reported ₹416.34 lakhs. For the quarter ended March 31, 2026, the net profit stood at ₹24.85 lakh.

Revenue from operations for the full year declined to ₹4,861.42 lakh from ₹5,097.45 lakh in FY25. Total expenses for the year were ₹4,622.17 lakh, slightly lower than the ₹4,813.88 lakh recorded in the previous fiscal year. The company's earnings per share (EPS) for the year stood at ₹2.48 on a basic basis and ₹2.00 on a diluted basis.

Financial Performance Summary

On a consolidated basis, the company reported a net profit of ₹282.02 lakh for FY26, compared to ₹313.18 lakh in the previous year. Consolidated revenue from operations for the year was ₹4,861.42 lakh. The auditors also issued a qualified opinion for the consolidated results, noting the same seized cash amount of ₹5.87 lakhs included in the group's cash and cash equivalents of ₹58.15 lakhs.

The board also noted that Constronics Infra Limited served as a corporate guarantor for a term loan availed by its subsidiary, Constronics Energy Solution Private Limited. The trading window for designated persons, which closed on April 1, 2026, will reopen 48 hours after the declaration of these financial results.