Highway Infrastructure Limited (HIL) has announced its financial results for the second quarter, showcasing a remarkable surge in profitability despite a decline in revenue. The company's performance reflects its ability to enhance operational efficiency in a challenging market environment.

Financial Highlights

HIL reported a net profit of 96.00 crore rupees for the quarter, marking a substantial increase from 14.00 crore rupees in the same period last year. This represents a remarkable year-on-year growth of 585.71%. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a significant improvement, rising to 128.00 crore rupees from 13.00 crore rupees in the previous year, an increase of 884.62%.

Revenue and Margin Analysis

Despite the impressive bottom-line growth, HIL's revenue experienced a decline. The company's revenue decreased to 946.00 crore rupees from 1,170.00 crore rupees year-over-year, representing a 19.15% reduction. However, HIL managed to substantially improve its operational efficiency, as evidenced by the EBITDA margin expansion. The EBITDA margin improved significantly to 13.51% from 1.09% in the previous year, an increase of 1239 basis points.

Management Appointment

In a separate development, the company's Board of Directors has approved the appointment of Mr. Vinayak Parkhi as an Additional Director (Non-Executive Independent Director) for a tenure of five consecutive years, effective from November 6, 2025, to November 5, 2030. This appointment is subject to shareholder approval at the upcoming general meeting.

Mr. Parkhi brings over three decades of experience in the banking and housing finance sector. His extensive background includes significant roles at HDFC Limited, where he served as Regional Business Head and later as Senior Vice President. His expertise in driving business growth and formulating effective strategies is expected to contribute to HIL's future development.

Outlook

While the revenue decline may raise some concerns, the substantial improvement in profitability and operational efficiency suggests that Highway Infrastructure Limited has implemented effective cost management strategies. The company's ability to significantly enhance its EBITDA and net profit despite lower revenue demonstrates resilience in challenging market conditions.

As HIL moves forward, investors and stakeholders will likely be watching closely to see if the company can maintain its improved profitability while working to reverse the revenue decline in upcoming quarters.

Highway Infrastructure Limited (HIL) has announced a significant development in its business operations. The company, known for its expertise in highway infrastructure development, has secured a contract with a maximum value of 117.6 million rupees (approximately 11.76 crore rupees).

Contract Details

The contract, awarded by the National Highways Authority of India (NHAI), involves the operation and collection of user fees for a specific highway section. Here are the key details of the contract:

Additional Responsibilities

As part of the contract, Highway Infrastructure Limited is also tasked with the upkeep and maintenance of adjacent toilet blocks, including the responsibility of replenishing consumable items.

Timeline

The company has provided a timeline for the project implementation:

• October 23, 2025: Receipt of Letter of Acceptance (LOA)
• October 29, 2025: Signing of Contract Agreement
• October 30, 2025: Scheduled takeover of the Fee Plaza

This contract represents a significant opportunity for Highway Infrastructure Limited to strengthen its position in the highway infrastructure sector. The project aligns with the company's core competencies and could potentially contribute to its revenue stream in the coming quarters.

Stakeholders will likely monitor the company's execution of this project and its potential impact on financial performance.