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The company stated that the order has been awarded by a domestic entity and clarified that neither the promoter nor the promoter group entities have any interest in the awarding authority. The transaction does not qualify as a related party transaction.
The company has confirmed that neither the promoter nor the promoter group entities have any interest in the awarding authority and that the contract does not fall within the ambit of related party transactions.
A B Infrabuild is engaged in infrastructure development, primarily undertaking construction of roads, railways, bridges, branches, and sidings, among other civil engineering works.
The company’s standalone net profit jumped 16.1% to Rs 6.12 crore, while revenue from operations declined 0.8% to Rs 74.41 crore in Q3 FY26 compared to Q3 FY25.
The total contract value stands at Rs 51,79,91,303.99 and the project is scheduled to be completed within a period of 24 months.
The company further clarified that none of its promoters or members of the promoter group have any interest in the entity awarding the contract. It also stated that the transaction does not qualify as a related-party transaction under applicable regulatory norms.
A B Infrabuild is engaged in construction, alter, improve, maintain, enlarge, pull down, remove, replace and develop, work, manage, and roads, railways, branches and sidings, bridges; and other constructions related to civil works.
The company’s standalone net profit tumbled 43.6% to Rs 2.11 crore, while revenue from operations declined 21% to Rs 37.30 crore in Q2 FY26 compared to Q2 FY25.
The total contract value stands at Rs 55,26,31,365.74 and the project is scheduled to be completed within 24 months.
The company also clarified that none of its promoters or members of the promoter group have any interest in the awarding entity and that the contract does not fall under related-party transactions as per applicable regulatory norms.
A B Infrabuild engaged in construction, alter, improve, maintain, enlarge, pull down, remove, replace and develop, work, manage, and roads, railways, branches and sidings, bridges; and other constructions related to civil works.
The total contract value stands at Rs 54,26,17,718.17 and the project is expected to be completed within 24 months.
The company also clarified that none of its promoters or members of the promoter group have any interest in the awarding entity. It added that the order does not qualify as a related-party transaction under applicable regulatory norms.
The counter shed 0.62% to Rs 19.29 on the BSE.
The company also secured another order worth Rs 10.75 crore from the Madhya Pradesh Road Development Corporation (MPRDC). The project involves the construction of additional lanes to be used as truck parking and lay-bys in the Sohagi Ghat stretch on the Mangawan to MP–UP border section of NH-30 in Madhya Pradesh, to be executed on an EPC basis. The project is scheduled for completion within nine months.
A B Infrabuild clarified that none of its promoters or members of the promoter group have any interest in the awarding entities, and both contracts do not qualify as related-party transactions under applicable regulatory norms.