Madhav Infra Projects Reports Q2 FY26 Results: Net Profit Rises to ₹5.78 Crore
Madhav Infra Projects Limited announced its Q2 and H1 FY26 results. Standalone Q2 revenue increased 19.03% to ₹104.31 crore, with net profit slightly up at ₹5.78 crore. H1 FY26 saw revenue growth of 29.55% to ₹188.76 crore and net profit rise to ₹12.72 crore. Consolidated Q2 net profit was ₹12.46 crore. The company's board approved the unaudited results on November 10, 2025. Auditors noted non-provision of Deferred Tax Liability in their review.

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Madhav Infra Projects Limited , a key player in infrastructure development, has announced its financial results for the second quarter and half-year ended September 30, 2025. The company's board of directors approved the standalone and consolidated unaudited financial results in a meeting held on November 10, 2025.
Financial Highlights
Standalone Performance
| Particulars (₹ in crore) | Q2 FY26 | Q2 FY25 | H1 FY26 | H1 FY25 |
|---|---|---|---|---|
| Revenue from Operations | 104.31 | 87.63 | 188.76 | 145.70 |
| Net Profit | 5.78 | 5.72 | 12.72 | 11.75 |
| EPS (₹) | 0.21 | 0.21 | 0.47 | 0.44 |
Madhav Infra Projects Limited reported a standalone net profit of ₹5.78 crore for the quarter ended September 30, 2025, showing a slight increase from ₹5.72 crore in the corresponding quarter of the previous year. The company's revenue from operations for Q2 FY26 stood at ₹104.31 crore, up from ₹87.63 crore in Q2 FY25, indicating a growth of 19.03% year-on-year.
For the half-year ended September 30, 2025, the company's standalone net profit rose to ₹12.72 crore, compared to ₹11.75 crore in the same period last year. The revenue from operations for H1 FY26 increased to ₹188.76 crore from ₹145.70 crore in H1 FY25, marking a growth of 29.55%.
Consolidated Performance
On a consolidated basis, Madhav Infra Projects Limited reported a net profit of ₹12.46 crore for Q2 FY26, significantly higher than the standalone figures. This includes the performance of its subsidiaries, associates, and joint ventures.
Operational Highlights
The company's board meeting, which commenced at 1:30 PM and concluded at 4:00 PM on November 10, 2025, also approved other matters related to the normal course of business. The financial statements were prepared in accordance with Indian Accounting Standard 34 (IndAS 34) for Interim Financial Reporting.
Auditor's Review
Shah & Kadam, Chartered Accountants, the company's statutory auditors, conducted a limited review of the financial results. The auditors noted attention to the non-ascertainment and non-provision of Deferred Tax Liability as per IndAS 12 Income Taxes in their review report.
Future Outlook
While the company has shown growth in both revenue and profit, it's important to note that these results are unaudited and subject to limited review. Investors and stakeholders should consider this information in conjunction with the full financial statements and auditor's report when making decisions.
Madhav Infra Projects Limited continues to focus on infrastructure development projects, including construction, operation, and maintenance. The company's diverse portfolio, which includes power generation businesses such as solar and hydro, may contribute to its overall performance in the coming quarters.
As the infrastructure sector plays a crucial role in India's economic growth, companies like Madhav Infra Projects Limited are well-positioned to capitalize on upcoming opportunities in the sector.
Historical Stock Returns for Madhav Infra Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.09% | -5.49% | +5.24% | -26.71% | -22.13% | +102.62% |





























