Madhav Infra Projects Q2 FY27 Results Due Today

Madhav Infra Projects Ltd is scheduled to consider its standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2026. The board meeting is set for 27 October 2026 at the company’s registered office in Vadodara. The update is part of a broader Q2 FY27 earnings calendar that includes several large listed Indian companies.

The company’s upcoming results will be watched against a mixed recent financial backdrop. FY26 revenue declined from the preceding year, while operating profit and net profit increased. Its June 2026 quarter also showed a sharp sequential reduction from the March 2026 quarter across revenue, operating profit and profit after tax.

Board Meeting Scheduled for 27 October

Madhav Infra Projects has scheduled a board meeting on 27 October 2026 to consider the unaudited standalone and consolidated results for the September 2026 quarter and the first half of FY27. The meeting will take place at its Vadodara registered office.

The company has not provided the September-quarter financial outcome in the available information. As a result, the scheduled meeting is the next confirmed event for investors tracking the company’s reported performance. The results will cover the three months ended 30 September 2026 and the six months from April to September 2026.

Q2 FY27 Earnings Calendar Includes Major Companies

The 27 October earnings calendar also includes Larsen & Toubro, Maruti Suzuki India, Bajaj Auto, Tata Steel, SBI Life Insurance, Tata Capital, Cipla, Indus Towers and Mazagon Dock Shipbuilders. Other companies listed to announce results include JSW Infrastructure, Steel Authority of India, Waaree Energies, Radico Khaitan, Schaeffler India, Max Financial Services and Star Health & Allied Insurance Company.

Madhav Infra Projects is included in this results-day schedule, alongside Manba Finance Ltd. The scale and sectors of the companies reporting on the same day range from infrastructure and manufacturing to automobiles, financial services, pharmaceuticals, telecom infrastructure and insurance.

FY26 Revenue Declined From FY25

Madhav Infra Projects reported revenue of ₹510.47 crore for FY26, compared with ₹616.18 crore in FY25. This represented a year-on-year decline of 17.16%. A separate description of the business placed consolidated FY26 revenue at about ₹502 crore, compared with about ₹610 crore a year earlier, with civil contracts accounting for the bulk of sales.

The reported annual revenue reduction came despite an improvement in profit measures. The contrast between lower revenue and higher profits is an important reference point when the company releases its September-quarter results. The available data does not state the specific factors behind the annual revenue change.

Operating Profit Increased in FY26

Operating profit for FY26 stood at ₹35.63 crore, up from ₹30.32 crore in FY25. The increase was 17.51% year on year. Net profit rose 9.07% to ₹27.18 crore, against ₹24.92 crore in the previous financial year.

These annual figures show that reported operating profit and net profit moved higher even as revenue fell. The FY26 return on equity was reported at 11.56%, down 1.3 percentage points from FY25. Free cash flow margin for FY26 was 6.28%, lower by 4.7 percentage points from the preceding year.

June Quarter Showed Sequential Decline

For the quarter ended June 2026, Madhav Infra Projects reported revenue of ₹90.13 crore, down 64.83% from ₹256.30 crore in the March 2026 quarter. Operating profit declined 49.61% quarter on quarter to ₹8.32 crore from ₹16.51 crore.

Profit for the June quarter was ₹6.25 crore, compared with ₹11.49 crore in the March quarter, a decline of 45.60% on a sequential basis. Earnings per share for the June 2026 quarter stood at ₹1.01. Another reported figure placed Q1 FY27 revenue at ₹58.76 crore and net profit at ₹4.47 crore, with operating profit margin at 19.18%.

Standalone and Consolidated Figures Differ

The available June-quarter data includes figures reported on different bases. Consolidated net sales were ₹88.37 crore for June 2026, up 0.94% year on year. Standalone revenue from operations was ₹57.35 crore, down 32.09% year on year, while standalone net profit was ₹4.5 crore, down 35.6%.

This difference is relevant because the board will consider both standalone and consolidated results. Consolidated accounts include the group-level position, while standalone accounts relate to the reporting company. Investors should distinguish between these bases when comparing quarter-on-quarter and year-on-year data.

Quarterly Sales Have Been Volatile

Reported quarterly sales data shows variation across recent periods. Sales were ₹84 crore in June 2025, ₹104 crore in September 2025, ₹51 crore in December 2025, ₹208 crore in March 2026 and ₹57 crore in June 2026. Operating profit across those five quarters was ₹15 crore, ₹14 crore, ₹10 crore, ₹16 crore and ₹11 crore respectively.

The March 2026 quarter had also been described as showing a 361.1% sequential rise in consolidated revenue, although revenue was down 17.5% year on year. Expenses in that quarter rose 362.8% sequentially and fell 19.3% from a year earlier. Net profit was reported to have declined 370.0% sequentially and increased 1.5% year on year, with EPS of ₹0.43.

Key Financial Figures

What the September Results Will Cover

The September 2026 results will provide the next reported view of revenue, profitability and margins after the June-quarter numbers. They will also provide half-year figures for FY27, allowing comparison with the company’s recent quarterly pattern and the FY26 annual performance.

Madhav Infra Projects was listed on 20 April 2026, according to the available information. The company’s announcement on 27 October will therefore be a key scheduled disclosure for the listed entity. Until the board considers and releases the numbers, no September-quarter financial outcome is available in the provided information.

Conclusion

Madhav Infra Projects enters its Q2 FY27 board meeting after a FY26 in which revenue declined but operating profit and net profit rose. The June quarter then recorded a sequential fall from March on reported revenue, operating profit and profit. The board is scheduled to consider the standalone and consolidated September 2026 quarter and half-year results on 27 October 2026.