Sadbhav Infrastructure Reports Profit in Q1, Revenue Rises 11.7%
Sadbhav Infrastructure Projects posted a consolidated net profit of INR 258.57 million in Q1, compared to a loss of INR 159.29 million in the same quarter last year. Revenue from operations increased by 11.7% year-over-year to INR 1,862.81 million. The company reported a profit before exceptional items and tax of INR 356.11 million, attributed to improved operational efficiency and cost management. Despite accumulated losses exceeding paid-up capital by INR 5,758.11 million, management remains confident about the company's future, citing improvements in liquidity position due to stake sales and harmonious substitution of SPVs.

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Sadbhav Infrastructure Projects has reported a turnaround in its financial performance for the first quarter, posting a consolidated net profit of INR 258.57 million compared to a loss of INR 159.29 million in the same quarter last year.
Revenue Growth
The company's revenue from operations increased by 11.7% year-over-year to INR 1,862.81 million, up from INR 1,668.24 million in the corresponding quarter of the previous year. This growth was primarily driven by improved performance across its infrastructure projects.
Profitability Improvement
Sadbhav Infrastructure's profitability saw a significant improvement, with the company reporting a profit before exceptional items and tax of INR 356.11 million, compared to a loss of INR 138.34 million in the corresponding quarter of the previous year. This turnaround can be attributed to better operational efficiency and cost management.
Financial Highlights
Particulars (INR in Million) | Q1 Current | Q1 Previous | YoY Change |
---|---|---|---|
Revenue from Operations | 1,862.81 | 1,668.24 | +11.7% |
Other Income | 272.71 | 48.77 | +459.2% |
Total Income | 2,135.52 | 1,717.01 | +24.4% |
Total Expenditure | 1,779.41 | 1,855.35 | -4.1% |
Profit/(Loss) Before Tax | 356.11 | (138.34) | N/A |
Net Profit/(Loss) | 258.57 | (159.29) | N/A |
Segment Performance
The company's operating segment is identified as "Design, Build, Operate and Transfer (DBOT)" or "Hybrid Annuity" basis. Sadbhav Infrastructure's management reviews business performance at an overall group level as one segment.
Balance Sheet Position
The group's accumulated losses exceeded its paid-up capital by INR 5,758.11 million. However, the management remains confident about the company's ability to continue as a going concern, citing improvements in liquidity position due to the conclusion of stake sales and harmonious substitution of Special Purpose Vehicles (SPVs).
Future Outlook
Sadbhav Infrastructure's management has stated that the company holds investments in two toll road and two Hybrid Annuity Model (HAM) assets. They are focusing on monetization of assets, realization of claims, and cost control measures to improve the company's financial position.
Corporate Governance
The company has scheduled its 19th Annual General Meeting to be conducted virtually. The board has also approved both standalone and consolidated results during their meeting.
Sadbhav Infrastructure Projects continues to navigate challenges in the infrastructure sector while showing signs of recovery in its financial performance. The company's focus on operational efficiency and strategic asset management will be crucial for sustaining this positive momentum in the coming quarters.
Historical Stock Returns for Sadbhav Infrastructure Projects
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.50% | -1.00% | -4.81% | -12.58% | -40.27% | -77.69% |