Dilip Buildcon Limited has announced its financial results for the quarter ended December 31, 2025, following the Board of Directors meeting held on February 10, 2026. The company reported strong performance with consolidated revenue from operations reaching ₹2,138 crores and achieving a record order book of ₹29,372 crores.

Q3FY26 Financial Performance

The company delivered robust results across both standalone and consolidated operations during the third quarter. On a consolidated basis, Dilip Buildcon reported revenue from operations of ₹2,138 crores with EBITDA of ₹382 crores, translating to an EBITDA margin of 17.87%. The profit after tax stood at ₹789 crores, which included a one-time gain of ₹585 crores.

Nine Months Performance

For the nine months ended December 31, 2025, the company reported consolidated revenue from operations of ₹6,684 crores compared to ₹8,221 crores in the corresponding period last year. The EBITDA for the nine-month period was ₹1,373 crores with a margin of 20.54%, while PAT reached ₹1,275 crores.

Record Order Book Achievement

As of December 31, 2025, Dilip Buildcon's consolidated order book reached an all-time high of approximately ₹29,372 crores. This milestone represents the highest order book in the company's history and demonstrates strong execution capabilities across diverse infrastructure segments including roads and highways, irrigation, metro rail, water supply, tunnels, mining, and other infrastructure projects.

Regulatory Compliance and Board Approvals

The Board of Directors meeting commenced at 10:30 AM IST and concluded at 1:25 PM IST on February 10, 2026, at the company's registered office. The board approved the audited IndAS standalone and consolidated financial results for the quarter ended December 31, 2025, along with the audit report, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Anantam Highways InvIT Listing

During the quarter, the company successfully listed Anantam Highways InvIT, a SEBI-registered Infrastructure Investment Trust. The InvIT is jointly backed by Dilip Buildcon as the asset contributor and Alpha Alternatives as the SEBI-registered sponsor, with a shareholding ratio of 74:26 respectively. The units were listed on both the National Stock Exchange and BSE, marking an important milestone in the company's asset-backed platform strategy.

Management Outlook

Chairman and Managing Director Dilip Suryavanshi emphasized the company's long-term vision to build a multi-asset infrastructure platform providing stable, long-term value creation. CEO Devendra Jain highlighted the company's focus on operational efficiency, disciplined capital expenditure, and balance-sheet strengthening, noting that net debt is significantly lower than its peak of ₹3,392 crores.

Dilip Buildcon Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving material related party transactions with subsidiary company DBL ERCP Bandh Baretha Private Limited. The company disclosed the voting results on January 20, 2026, pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolution Details and Approval

The ordinary resolution sought shareholder approval for material related party transactions under Regulation 23 of SEBI (LODR) Regulations, 2015, between the company and its subsidiary DBL ERCP Bandh Baretha Private Limited. The promoter and promoter group were not interested in this particular agenda item, ensuring independent shareholder decision-making.

The e-voting process concluded on January 17, 2026, with the resolution being passed with the requisite majority. Company Secretary Abhishek Shrivastava signed the disclosure document on January 20, 2026.

Comprehensive Voting Results

The postal ballot witnessed significant participation across all shareholder categories, with detailed voting patterns reflecting strong overall support:

Shareholder Participation Analysis

The voting results demonstrate varied participation levels across different shareholder categories. The promoter and promoter group showed near-complete participation at 99.9999% of their holdings, with unanimous support for the resolution. Public non-institutional shareholders exhibited strong support with 99.9999% of polled votes in favour, though their participation rate was 34.48%.

Institutional shareholders showed mixed sentiment, with 54.93% participation but only 52.25% of polled votes supporting the resolution. Despite this division among institutions, the overall result reflected strong shareholder confidence in the proposed transactions.

Regulatory Compliance and Transparency

The postal ballot process was conducted entirely through remote e-voting, ensuring accessibility for all shareholders. The company has made the complete voting results available on its official website at www.dilipbuildcon.com , maintaining transparency in corporate governance practices.

The resolution's passage enables Dilip Buildcon Limited to proceed with the approved material related party transactions with DBL ERCP Bandh Baretha Private Limited, subject to the terms and conditions outlined in the original postal ballot notice dated December 18, 2025.