hec infra projects has secured a work order worth ₹44.87 crore from POWERGRID BIKANER IV TRANSMISSION LIMITED, a wholly-owned subsidiary of Power Grid Corporation of India Limited. The order pertains to the augmentation of transformation capacity at the 400/220 kV Bikaner-IV S/S. The project scope includes the installation of 2x500 MVA, 400/220kV ICT along with associated bays and the implementation of 3 nos. of 220 kV line bays. The contract is valued at ₹44.87 crore and must be executed within a period of 15 months.

Project Details

The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project is classified as a domestic order and involves engineering and contracting services. The company confirmed that the award of this order does not fall within the purview of related party transactions, and no promoters or promoter group members have any interest in the entity awarding the contract.

Strategic Outlook

Management indicated that this order will assist the company in advancing to the next level given the opportunities in the sector. HEC Infra Projects Limited plans to bid for similar projects with private and government departments in other states in the future.

HEC Infra Projects reported a 36.3% rise in net profit to ₹1,260.18 lakh for the financial year ended March 31, 2026, compared to ₹924.35 lakh in the previous year. Revenue from operations increased 57.4% to ₹17,649.11 lakh from ₹11,209.91 lakh in FY25, driven by higher project execution. The Board of Directors approved the audited standalone financial results for FY26 in a meeting held on May 28, 2026.

The company’s profit before tax for the year stood at ₹1,761.30 lakh, up from ₹1,170.21 lakh in the prior year. Total expenses for FY26 rose to ₹16,041.80 lakh from ₹10,145.01 lakh, primarily due to increased project expenses. Earnings per share (EPS) for the year improved to ₹11.63 from ₹9.08 in the previous year.

For the quarter ended March 31, 2026, the company reported a net profit of ₹609.95 lakh, compared to ₹567.47 lakh in the same quarter last year. Revenue from operations for the quarter stood at ₹5,073.32 lakh. The statutory auditors, M/s KDN & Associates LLP, issued an unmodified opinion on the financial results.

Financial Performance

The following table summarizes the standalone financial results for HEC Infra Projects for the year ended March 31, 2026:

Board Decisions

The Board also approved the appointment of M/s. Kashyap R. Mehta & Partners, Company Secretaries, as the new secretarial auditors to fill a casual vacancy. The firm will hold office until the conclusion of the next Annual General Meeting. The company confirmed it is not classified as a Large Corporate under the SEBI framework.