Highway Infrastructure Reports Strong FY26 Performance

02 Jun 2026 CW Team

Highway Infrastructure Limited (HIL) reported consolidated financial results for the year ended March 31, 2026, registering total income of Rs. 6,334 mn in FY26, up 25.6 per cent from Rs. 5,045 mn in FY25. Profit after tax rose 42 per cent to Rs. 318 mn from Rs. 224 mn, while EBITDA increased to Rs. 515 mn from Rs. 401 mn. Return on equity remained at 18.4 per cent, underlining operational efficiency.

HIL said the order book expanded by 113 per cent year on year to Rs. 11.33 bn as on March 2026, providing near-term revenue visibility. The company reported a net worth increase of 94 per cent to Rs. 2,285 mn and improvement in debt to equity to 0.45x, which management said strengthens headroom for growth. Segmental performance showed tolling, EPC and real estate contributing to the consolidated results.

In the fourth quarter HIL recorded total income of Rs. 2,772 mn compared with Rs. 1,356 mn in the year earlier quarter, reflecting higher collection and project activity. Quarterly EBITDA was Rs. 161 mn, lower than Rs. 187 mn in the prior quarter due to elevated input costs, and quarterly profit after tax was Rs. 87 mn against Rs. 120 mn. Management noted that execution discipline and balance sheet prudence supported overall performance.

The company highlighted its strategic focus on maintaining a balanced portfolio across EPC projects and tollway operations while scaling emerging verticals such as wayside amenities, ropeways, EV charging and renewable energy. Management indicated that the rollout of the multi lane free flow framework could reshape tolling over time and that implementation is expected to be phased across select corridors. HIL said it will continue to invest in technology and capabilities to position itself for sustained growth.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..