Nila Infrastructures Limited , a key player in the construction and development of infrastructure projects, has announced its unaudited financial results for the second quarter and first half of the fiscal year 2025-26. The results, approved by the Board of Directors on November 11, 2025, reveal the company's financial performance amidst ongoing income tax assessment matters.

Financial Performance

For the quarter ended September 30, 2025, Nila Infrastructures reported the following standalone results:

The company's performance for the first half of FY2025-26 shows:

Ongoing Tax Assessment

Nila Infrastructures continues to navigate through income tax assessment matters stemming from a search operation conducted by the Income Tax Department in September 2021. The company has received assessment orders for multiple years from 2014-15 to 2022-23 and has filed appeals against these orders.

Auditor's Emphasis

The statutory auditors have issued an emphasis of matter in their review report, highlighting that the final impact of these tax matters remains uncertain and currently not ascertainable. This underscores the potential financial implications that may arise from the resolution of these tax issues.

Operational Focus

Nila Infrastructures operates primarily in the construction and development of infrastructure projects, which constitutes its single operating segment. This focus aligns with the company's core competencies in the infrastructure sector.

Looking Ahead

While the company continues to perform in its core business area, the ongoing tax assessment appeals present a challenge that investors and stakeholders will be watching closely. The resolution of these matters could have significant implications for the company's financial position in the coming quarters.

As Nila Infrastructures navigates through these regulatory challenges, its ability to maintain operational efficiency and project execution will be crucial for sustaining investor confidence and business growth.

Nila Infrastructures Limited has secured a significant contract for slum rehabilitation in Ahmedabad, marking a notable development for the company in the infrastructure sector.

Contract Details

The Ahmedabad Municipal Corporation (AMC) has awarded Nila Infrastructures a Letter of Intent (LOI) for the slum rehabilitation project 'Kajimiya ni Chali' in Ahmedabad. Here are the key details of the contract:

Financial Structure

The project's financial structure is designed to provide both development rights and land to Nila Infrastructures:

Significance for Nila Infrastructures

This contract represents a substantial business opportunity for Nila Infrastructures, aligning with its core competencies in the construction and infrastructure development sector. The project not only contributes to the company's order book but also reinforces its position in urban development initiatives.

Corporate Disclosure

Nila Infrastructures has duly informed the stock exchanges about this development, adhering to the regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company clarified that this work order is received under the ordinary course of business and is considered a regular business activity.

The slum rehabilitation project, part of the broader urban renewal efforts in Ahmedabad, showcases the ongoing focus on improving housing conditions in Indian cities. For Nila Infrastructures, this contract could potentially lead to enhanced visibility in the urban development space and contribute to its growth trajectory in the coming years.

Investors and market participants will likely keep a close watch on the execution of this project, as it could impact the company's financial performance over the next two and a half years.