Shares of Afcons Infrastructure Ltd. gain on Thursday, November 5, even as the company reported a weak set of results in the second quarter. The numbers were reported after market hours on Wednesday.
Afcons Infra’s results saw a sharp decline across key parameters during the July-September period.
The company’s profit after tax of ₹41.3 crore was 60.7% lower than the previous year’s figure of ₹106 crore.
Revenue during the quarter declined 11.8% to ₹2,635 crore compared to ₹2,988 crore in the second quarter last year.
Afcons Infrastructure’s earnings before interest, taxes, depreciation and amortization (EBITDA) dropped by 72.3% to ₹91 crore in the second quarter from ₹328.7 crore in the previous fiscal.
The company’s EBTIDA margin also declined sharply to 3.5% from 11% in the year-ago period.
At the end of the quarter, Afcons Infra’s order book was at ₹43,837 crore as of the end of September this year. Meanwhile, its order inflows in the first half of the financial year 2027 were at ₹15,968 crore.
The company’s order bid pipeline for the entire fiscal is at ₹0.8 lakh crore.
Shares of Afcons Infrastructure were trading 1.2% up at ₹213.73 apiece at 9.26 am on Thursday. The stock has declined 11.5% in the past month, has fallen 38.2% in the last six months and 45.6% in 2026, so far.
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