News ArticlePNC Infratech Reports Unaudited Financial Results for Quarter and Half Year Ended September 30, 2026
Company reveals Rs. 2,039.58 lakh income in Q2 and details contractual dispute impacting project bidding process
PNC Infratech Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company reported total income of Rs. 2,039.58 lakh for Q2 and Rs. 4,224.93 lakh for H1 FY2026-27, with detailed expenses, profit before tax, and other comprehensive income included. The results were reviewed by auditors NSBP & Co. with an emphasis on a contractual dispute-related debarment affecting the bidding process for the National Highways Authority of India.
PNC Infratech Limited
Financial Results
PNC Infratech Limited disclosed its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, revealing revenues, expenses, and profit figures, alongside auditor review and disclosure of a contractual dispute affecting NHAI project bids.
The Board of Directors of PNC Infratech approved the results on October 28, 2026, reporting total income of Rs. 2,039.58 lakh for the quarter and Rs. 4,224.93 lakh for the half year ended September 30, 2026.
The financial results include expenses breakdown such as costs of materials, employee benefits, finance costs, depreciation, and other expenses, detailed in official filings.
Statutory auditors NSBP & Co. conducted a limited review of the unaudited results and confirmed no material misstatements, while highlighting an emphasis of matter regarding debarment by the National Highways Authority of India (NHAI) due to an alleged contractual dispute related to the Karpur Lucknow Expressways project.
The Board's disclosures also included information on three joint operations contributing notably to the company's assets, revenues, and net profit figures during the period.
The financial statements reflect compliance with Indian Accounting Standard 34 for interim financial reporting under relevant SEBI Listing Regulations.
Highlights
- Total income for Q2 FY2026-27 stood at Rs. 2,039.58 lakh; half year income totaled Rs. 4,224.93 lakh.
- The National Highways Authority of India debarred the company and its SPV Arvadh Expressways Private Limited from bidding for 3 years over contractual disputes.
- The financial results were reviewed by independent auditors NSBP & Co., issuing an unmodified limited review opinion.
- Company reported total assets of Rs. 90,905.43 lakh from three joint operations as of September 30, 2026.
- The debarment order was stayed by the Hon'ble Delhi High Court on October 13, 2026.
Key Data Snapshot
What happened
- PNC Infratech approved unaudited standalone and consolidated financial results for Q2 and H1 FY2026-27 ending September 30, 2026.
- Results include detailed revenues, expenses, and profit figures for the reporting periods.
- Results are in compliance with SEBI Listing Regulations and Indian Accounting Standard 34.
- Auditors NSBP & Co. issued a Limited Review Report with no modifications.
- The company disclosed debarment from National Highways Authority of India due to contractual disputes relating to a specific expressway project, with the debarment order stayed by the Delhi High Court.
Key details
- Total income for the quarter was Rs. 2,039.58 lakh and Rs. 4,224.93 lakh for the half year ending September 30, 2026.
- The debarment affected the company and its SPV Arvadh Expressways Private Limited for three years regarding bidding to NHAI and MoRTH projects.
- The financial statement includes contributions from three joint operations representing substantial assets and revenues.
- Auditors highlight the contractual dispute and debarment as an emphasis of matter in their report.
- The company's Board meeting took place on October 28, 2026, approving these financial disclosures.
Regulatory and governance context
- The financial results have been prepared as per the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The limited review was conducted following Standards on Review Engagements issued by the ICAI.
- Emphasis was made on the ongoing legal matter concerning the NHAI debarment and contractual dispute.
- The debarment order has been stayed temporarily by the Delhi High Court as of October 13, 2026.
Highlights
- Total income for Q2 FY2026-27 stood at Rs. 2,039.58 lakh; half year income totaled Rs. 4,224.93 lakh.
- The National Highways Authority of India debarred the company and its SPV Arvadh Expressways Private Limited from bidding for 3 years over contractual disputes.
- The financial results were reviewed by independent auditors NSBP & Co., issuing an unmodified limited review opinion.
- Company reported total assets of Rs. 90,905.43 lakh from three joint operations as of September 30, 2026.
- The debarment order was stayed by the Hon'ble Delhi High Court on October 13, 2026.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Indian Accounting Standard 34 (Ind AS 34)
- Companies Act, 2013
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