Noida Toll Bridge Company to Resume DND Flyway Repair and Upgradation Works from Mid-February 2026

2 min read     Updated on 14 Feb 2026, 07:59 PM
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Overview

Noida Toll Bridge Company Limited announces resumption of DND Flyway repair and upgradation works from February 12, 2026, after delays caused by GRAP IV restrictions and winter conditions. The project, initially started in October 2025, is planned for completion by March 2026. Approximately 70% of the work involves road and carriageway upgradation, while the flyway continues to serve over 2.5 lakh daily commuters between Delhi and Noida.

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*this image is generated using AI for illustrative purposes only.

Noida toll bridge Company Limited (NTBCL) has announced the planned resumption of upgradation, repair and maintenance works on the DND Flyway. The company expects execution to commence from February 12, 2026 onwards, subject to prevailing operational conditions.

Work Schedule and Timeline

The repair and upgradation works on the DND Flyway were initially launched in October 2025 but have experienced delays due to external factors. The company has outlined specific timelines for the resumption and completion of these critical infrastructure works.

Parameter: Details
Work Resumption: February 12, 2026 onwards
Planned Completion: March 2026
Initial Start Date: October 2025
Work Progress: 70% relates to road and carriageway upgradation

Factors Causing Delays

The project has faced significant challenges that impacted the original timeline. GRAP IV related restrictions and winter temperature conditions have been the primary factors affecting the availability and execution window for bituminous works on the flyway.

Bituminous road works require specific conditions for optimal execution:

  • Regular availability of suitable materials
  • Specific ambient temperature thresholds for proper laying
  • Appropriate conditions for bonding and long-term performance
  • Safe execution windows for carriageway work

Bitumen availability and transportation remain key challenges, with lower ambient temperatures during peak winter months restricting both material quality and safe execution windows.

Project Scope and Progress

NTBCL has provided detailed information about the current status and scope of the upgradation works. The company is working closely with contractors, suppliers, and relevant authorities to realign material availability, movement approvals, and execution schedules.

Work Category: Status
Road and Carriageway Upgradation: Approximately 70% of overall scope
Remaining Work: Currently under progress, completion expected shortly
Focus Areas: Engineering quality, commuter safety, minimal traffic disruption

Infrastructure Significance

The DND Flyway serves as a vital urban infrastructure corridor, facilitating seamless connectivity between Delhi and Noida for over 2.5 lakh commuters daily. NTBCL has reaffirmed its commitment to maintaining the flyway as one of the best in-class infrastructure assets, with safety, durability, and service continuity as core priorities.

Company Statement

An NTBCL spokesperson commented on the project status: "While certain external factors impacted timelines, NTBCL remains focused on completing the works efficiently without compromising on quality or commuter safety."

The company has assured stakeholders that it will continue to provide updates as the work progresses and has thanked commuters for their cooperation and understanding during the upgradation process. Completion of the overall repair and upgradation program remains contingent upon material availability, suitable temperature conditions, and necessary regulatory approvals.

Historical Stock Returns for Noida Toll Bridge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.75%+5.56%+0.50%+3.91%-19.23%-32.94%

Noida Toll Bridge Completes Newspaper Publication of Q3FY26 Financial Results

3 min read     Updated on 30 Jan 2026, 04:26 PM
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Overview

Noida Toll Bridge Company Limited fulfilled regulatory requirements by submitting newspaper publications of its Q3FY26 financial results to stock exchanges. The company reported strong quarterly performance with consolidated revenue of ₹23.28 crore (126% growth) and positive profit swing to ₹15.48 crore from previous year's loss, while continuing infrastructure maintenance and legal proceedings regarding advertisement revenue operations.

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*this image is generated using AI for illustrative purposes only.

Noida Toll Bridge Company Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a remarkable turnaround in financial performance. The company's Board of Directors approved the Q3FY26 results on January 30, 2026, showing significant improvement across key financial metrics.

Financial Performance Highlights

The company delivered strong financial results for Q3FY26, with both consolidated and standalone figures showing substantial growth compared to the previous year.

Consolidated Results

Metric: Q3FY26 Q3FY25 Growth:
Revenue: ₹23.28 crore ₹10.30 crore 126%
Profit After Tax: ₹15.48 crore (₹238.36 crore) Positive swing
Nine Months Revenue: ₹46.12 crore ₹31.67 crore 45.6%
Nine Months PAT: ₹23.39 crore (₹248.24 crore) Positive swing

Standalone Results

Metric: Q3FY26 Q3FY25 Growth:
Revenue: ₹23.28 crore ₹10.29 crore 126%
Profit After Tax: ₹15.23 crore (₹4.68 crore) Positive swing
Nine Months Revenue: ₹46.03 crore ₹31.66 crore 45.4%
Nine Months PAT: ₹23.24 crore (₹248.39 crore) Positive swing

The revenue growth of 126% included a one-time exceptional income of ₹11.44 crore from income tax refunds. Excluding this exceptional item, the underlying revenue growth was approximately 15% year-on-year.

Regulatory Compliance and Publication

Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has submitted newspaper publications of its Q3FY26 financial results to both BSE and NSE. The results were published in Financial Express Delhi (English), Financial Express Mumbai (English), and Jansatta Delhi (Hindi) editions.

Publication Details: Information
Submission Date: February 1, 2026
BSE Scrip Code: 532481
NSE Scrip Code: NOIDA TOLL EQ
Publications: Financial Express (English), Jansatta (Hindi)

Company Secretary Gagan Singhal confirmed that the newspaper publications have been uploaded on the company's website and submitted to both stock exchanges for their records.

Revenue Composition and Operations

Advertising revenue continued to serve as the company's primary income stream during the quarter, supporting routine operations, safety measures, maintenance activities, and financial commitments including statutory dues payable to the NOIDA Authority. During the nine-month period ended December 2025, the company shared ₹2.55 crore with the NOIDA Authority from advertising revenue in accordance with the Concession Agreement.

The company maintained its commitment to the DND Flyway, a critical urban infrastructure serving over 2.5 lakh daily commuters connecting Delhi and Noida. The flyway represents a vital transportation link that requires continuous maintenance and operational oversight.

Infrastructure Development and Maintenance

Noida Toll Bridge Company continued its investment in essential maintenance and safety works on the DND Flyway during the quarter. The company initiated comprehensive road repair and upkeep activities including:

  • Bituminous Concrete (BC) works
  • SDBC (Semi Dense Bituminous Concrete) repairs
  • Micro-surfacing applications
  • Related carriageway repairs across critical sections

As part of the second phase of its planned upgradation programme, the company had awarded DND Flyway upgradation works and commenced preparatory activities by the third week of October 2025. However, statutory restrictions under GRAP-IV (Graded Response Action Plan) prohibited road upgradation activities, resulting in a delay of nearly five weeks and pushing the commencement timeline into December 2025.

Legal Developments

The company continues to benefit from interim judicial relief regarding advertisement revenue operations. The Hon'ble Delhi High Court has maintained its stay on the NOIDA Authority's demand letter dated September 10, 2025, which sought cessation of the company's advertisement displays and recovery of over ₹100 crore towards alleged advertisement licence fees.

On January 16, 2026, the Delhi High Court provided additional time to NOIDA to file its response and granted the company two weeks to file a rejoinder from the date of NOIDA's reply. The matter is scheduled for hearing on April 27, 2026.

Exceptional Items and Tax Matters

During Q3FY26, the company received an income tax refund of ₹43.10 crore, inclusive of interest of ₹11.44 crore, pertaining to earlier assessment years. This interest component was recognized as exceptional income based on actual receipts. The company has successfully resolved several long-standing income tax disputes, with favorable orders from various appellate authorities including the Income Tax Appellate Tribunal (ITAT) and Commissioner of Income Tax (Appeals).

Historical Stock Returns for Noida Toll Bridge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.75%+5.56%+0.50%+3.91%-19.23%-32.94%

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