Likhitha Infrastructure Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, following a Board of Directors meeting held on February 13, 2026. The infrastructure company, which specializes in gas pipeline laying and allied infrastructure development, reported mixed performance compared to the previous year.

Financial Performance Overview

The company's standalone financial results showed a decline in both revenue and profitability compared to the corresponding periods in the previous year. Revenue from operations and profit margins faced pressure during the reporting period.

Operational Metrics

The company's operational expenses showed varied trends across different categories. Cost of materials consumed increased to ₹2,287.21 lakhs in Q3FY26 from ₹2,465.04 lakhs in Q3FY25. Contract execution expenses decreased to ₹7,236.20 lakhs from ₹7,967.63 lakhs in the corresponding quarter.

Consolidated Results

The consolidated financial results, which include subsidiaries CPM-Likhitha Consortium, India and Likhitha HAK Arabia Contracting Company, Saudi Arabia, showed similar trends. Consolidated revenue from operations for Q3FY26 was ₹11,140.02 lakhs compared to ₹12,502.78 lakhs in Q3FY25. Consolidated net profit attributable to owners was ₹925.57 lakhs versus ₹1,707.17 lakhs in the previous year.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors NSVR & Associates LLP conducted a limited review of the unaudited financial results. The company maintains compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Business Focus

Likhitha Infrastructure Limited operates exclusively in the gas pipeline laying and allied infrastructure development segment. The company's paid-up equity share capital remains unchanged at ₹1,972.50 lakhs, with a face value of ₹5 per equity share. The results reflect the company's continued focus on its core infrastructure development activities in the energy sector.

Likhitha Infrastructure Limited , a prominent oil and gas pipeline infrastructure service provider, has released its financial results for the first quarter, revealing a mixed performance amidst challenging market conditions.

Financial Performance

The company reported a standalone revenue of Rs 122.41 crore for Q1, marking a 2.10% decrease from Rs 125.03 crore in the corresponding quarter of the previous year. The net profit saw a more significant decline, dropping 18.51% to Rs 13.91 crore compared to Rs 17.07 crore in Q1 of the previous year.

Margin Pressure

Likhitha Infrastructure experienced margin pressure during the quarter. The EBITDA margin compressed to 16.60% from 20.18% in the same quarter of the previous year, indicating increased operational costs or pricing pressures in the market.

Order Book Strength

Despite the quarterly setback, Likhitha Infrastructure maintains a robust order book of approximately Rs 1,100 crore as of June 30. This substantial backlog suggests potential for revenue growth in upcoming quarters, provided the company can effectively execute these projects.

Operational Highlights

Likhitha Infrastructure continues to maintain a strong presence across India, operating in 20 states and 2 union territories. The company's services span various segments, including:

• City Gas Distribution (CGD)
• Cross Country Pipeline projects (CCP)
• Operation & Maintenance Services (O&M)
• Tankage Construction

International Expansion

In a strategic move to diversify its geographical presence, Likhitha Infrastructure has expanded internationally through a joint venture in Saudi Arabia. This expansion could potentially open new avenues for growth and help mitigate risks associated with regional market fluctuations.

Management Vision

The company's investor presentation emphasized its vision "To provide services with the highest level of workmanship along with adherence to International standards of Quality, Health, Safety and Environment" and its mission "To provide the best services in the field of Oil and Gas pipeline infrastructure and thereby contribute to India's endeavor to emerge self-reliant and leader in green fuel."

Looking Ahead

As Likhitha Infrastructure navigates through the challenges of margin pressure and revenue decline, its strong order book and strategic international expansion may provide opportunities for recovery and growth. Investors and stakeholders will likely keep a close eye on the company's ability to improve operational efficiency and capitalize on its project pipeline in the coming quarters.

All figures in Rs crore, except for EBITDA Margin which is a percentage.

The company's performance in the coming quarters will be crucial in determining whether it can leverage its strong order book to reverse the current trend of declining revenues and compressed margins.