PNC Infratech Announces FY26 Results With Monetisation Gains
On a standalone basis the company reported EBITDA of Rs 1,750 mn and profit after tax of Rs 1,000 mn for the quarter. For the full year standalone EBITDA was Rs 5,830 mn and profit after tax was Rs 3,440 mn. The annual comparatives reflected receipt of a Rs 560 mn bonus from Maharashtra State Road Development Corporation and an arbitration award of Rs 3,790 mn received from the National Highways Authority of India through two special purpose vehicles (SPVs), which materially affected annual earnings. A gain of Rs 50 mn on sale of an equity holding was also recorded.
Consolidated results showed quarter EBITDA of Rs 2,770 mn and profit after tax of Rs 1,080 mn. For the year consolidated EBITDA was Rs 11,370 mn and profit after tax was Rs 8,320 mn. Annual consolidated performance included a Rs 5,160 mn arbitration award attributed to two SPVs and recorded gains from monetisation of highway assets amounting to Rs 190 mn in the quarter and Rs 3,370 mn for the full year, net of tax.
PNC Infratech Limited is a leading Indian infrastructure investment and construction company that undertakes design, engineering, procurement and construction (EPC) contracts and operates under formats such as toll, annuity and hybrid annuity model (HAM). The company provides end to end implementation and operation and maintenance services and highlighted that monetisation and arbitration receipts contributed materially to earnings in FY26.