NTBCL Q2 Profit Rises as DND Flyway Upkeep Continues

13 Nov 2025 CW Team

Financial Performance: Q2 FY26 On a consolidated basis, revenue rose 9.71 per cent year-on-year to Rs 117.5 million, compared with Rs 107.1 million in Q2 FY25. Profit Before Tax and Exceptional Items stood at Rs 37.8 million, against a loss of Rs 58.4 million last year. Profit After Tax was Rs 32.8 million, compared with a loss of Rs 58.4 million in Q2 FY25.

On a standalone basis, revenue increased 8.96 per cent to Rs 116.7 million, while Profit Before Tax and Exceptional Items stood at Rs 38.4 million, reversing a loss of Rs 58.2 million in the prior-year quarter. Profit After Tax was also Rs 38.4 million, compared with a loss of Rs 58.2 million in Q2 FY25.

H1 FY26 Performance Consolidated revenue for H1 FY26 reached Rs 228.4 million, up 6.88 per cent from Rs 213.7 million a year earlier. The company reported a Profit Before Tax and Exceptional Items of Rs 79.1 million, compared with a loss of Rs 111.5 million in H1 FY25. Profit After Tax also stood at Rs 79.1 million, reversing last year’s loss.

On a standalone basis, H1 FY26 revenue was Rs 227.5 million, with Profit Before Tax and Exceptional Items at Rs 80.1 million, and Profit After Tax at the same level.

Advertising revenue remained the company’s primary income source following toll suspension in 2016. During the half year, Rs 17 million was shared with the Noida Authority under the concession agreement.

Operations and Maintenance NTBCL continues to invest in essential upkeep of the DND Flyway. Ongoing works include bituminous concrete (BC), micro-surfacing, structural repairs, and electrical upgrades on key sections. These works are scheduled for completion by January 2026, and commuters may experience temporary restrictions in certain stretches.

The Board reiterated its appeal for Rs 1 billion in structural repair support from the Noida Authority and Delhi Administration under the State Support Agreement, noting that the 25-year-old flyway requires extensive refurbishment.

Judicial Update on Advertising Revenue The Board acknowledged the interim stay granted by the Delhi High Court against the Noida Authority’s 10 September 2025 demand to halt advertising displays and recover more than Rs 1 billion in alleged licence fees. The Court has restrained the Authority from any coercive action, allowing NTBCL to continue its advertising operations.

NTBCL emphasised that advertising revenue remains lawful and vital for maintaining the flyway and meeting financial obligations, especially in the absence of toll income.

The company reiterated its commitment to protecting the interests of its 60,000 retail shareholders, who collectively hold nearly 70 per cent of its equity, while maintaining full transparency and regulatory compliance.

The Board of Directors of Noida Toll Bridge Company Limited (NTBCL) has approved the audited financial results for Q2 FY26 and H1 FY26, reaffirming its commitment to the safe and uninterrupted upkeep of the DND Flyway, which carries more than 250,000 commuters daily between Delhi and Noida. Financial Performance: Q2 FY26 On a consolidated basis, revenue rose 9.71 per cent year-on-year to Rs 117.5 million, compared with Rs 107.1 million in Q2 FY25. Profit Before Tax and Exceptional Items stood at Rs 37.8 million, against a loss of Rs 58.4 million last year. Profit After Tax was Rs 32.8 million, compared with a loss of Rs 58.4 million in Q2 FY25. On a standalone basis, revenue increased 8.96 per cent to Rs 116.7 million, while Profit Before Tax and Exceptional Items stood at Rs 38.4 million, reversing a loss of Rs 58.2 million in the prior-year quarter. Profit After Tax was also Rs 38.4 million, compared with a loss of Rs 58.2 million in Q2 FY25. H1 FY26 Performance Consolidated revenue for H1 FY26 reached Rs 228.4 million, up 6.88 per cent from Rs 213.7 million a year earlier. The company reported a Profit Before Tax and Exceptional Items of Rs 79.1 million, compared with a loss of Rs 111.5 million in H1 FY25. Profit After Tax also stood at Rs 79.1 million, reversing last year’s loss. On a standalone basis, H1 FY26 revenue was Rs 227.5 million, with Profit Before Tax and Exceptional Items at Rs 80.1 million, and Profit After Tax at the same level. Advertising revenue remained the company’s primary income source following toll suspension in 2016. During the half year, Rs 17 million was shared with the Noida Authority under the concession agreement. Operations and Maintenance NTBCL continues to invest in essential upkeep of the DND Flyway. Ongoing works include bituminous concrete (BC), micro-surfacing, structural repairs, and electrical upgrades on key sections. These works are scheduled for completion by January 2026, and commuters may experience temporary restrictions in certain stretches. The Board reiterated its appeal for Rs 1 billion in structural repair support from the Noida Authority and Delhi Administration under the State Support Agreement, noting that the 25-year-old flyway requires extensive refurbishment. Judicial Update on Advertising Revenue The Board acknowledged the interim stay granted by the Delhi High Court against the Noida Authority’s 10 September 2025 demand to halt advertising displays and recover more than Rs 1 billion in alleged licence fees. The Court has restrained the Authority from any coercive action, allowing NTBCL to continue its advertising operations. NTBCL emphasised that advertising revenue remains lawful and vital for maintaining the flyway and meeting financial obligations, especially in the absence of toll income. The company reiterated its commitment to protecting the interests of its 60,000 retail shareholders, who collectively hold nearly 70 per cent of its equity, while maintaining full transparency and regulatory compliance.

Infrastructure Transport

13 Nov 2025

KNR Constructions Wins Rs 3.19 Billion Iconic Bridge Project

The Telangana government has awarded the contract for constructing the Iconic Bridge across Mir Alam Tank—linking the Bengaluru National Highway at Shastripuram to Chintalmet—to M/s KNR Constructions Limited for Rs 3.19 billion under the Engineering, Procurement and Construction (EPC) mode. According to a notification issued by the Municipal Administration and Urban Development (MAUD) Department on Monday, the firm’s quoted price is 4.89 per cent higher than the government estimate of Rs 3.03 billion. The government has authorised the managing director of the Musi Riverfront Development..

Infrastructure Urban

13 Nov 2025

Delhi Activates Stage-III Curbs As AQI Hits 425

Delhi’s average Air Quality Index (AQI) reached a severe level of 425 at 9 a.m. today, prompting authorities to enforce stricter pollution controls. In response to the worsening air quality, the Sub-Committee on the Graded Response Action Plan (GRAP) under the Commission for Air Quality Management (CAQM) has invoked Stage-III measures across the National Capital Region (NCR) with immediate effect. The decision follows a review of Delhi’s air pollution trends, driven by calm winds, a stable atmosphere, and unfavourable meteorological conditions that have allowed pollutants to accumulate. T..

Infrastructure Urban

13 Nov 2025

Himalayan Conclave 2047 Targets Sustainable Mountain Growth

The G.B. Pant National Institute of Himalayan Environment (NIHE), an autonomous institute under the Union Ministry of Environment, Forest and Climate Change, is hosting a three-day Himalayan Conclave titled “Indian Himalayan Region–2047: Environmental Conservation with Sustainable Socio-Economic Growth” from 13–15 November 2025 at its headquarters in Kosi-Katarmal, Almora, Uttarakhand. The event seeks to build a strategic roadmap for the Indian Himalayan Region (IHR) by 2047, aligning with the national Viksit Bharat 2047 vision, which aspires to transform India into a developed, susta..