Afcons Infrastructure Limited

Afcons Infrastructure Ltd has announced a revision of its credit ratings by CRISIL Ratings Limited, impacting several instruments. CRISIL Ratings has revised the outlook on the Company's Long-term Bank Facilities from CRISIL AA-/Stable to CRISIL AA-/Negative, and similarly revised the outlook on the Non-Convertible Debentures (NCDs) from CRISIL AA-/Stable to CRISIL AA-/Negative; the Commercial Paper Programme has been reaffirmed at CRISIL A1+. The rating rationale issued by CRISIL Ratings is available on their website, and this disclosure is made pursuant to Regulation 30 and Regulation 55 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Afcons Infrastructure Ltd share price slipped 0.68% to Rs 278.8 after the company's net profit tanked by 134.22% to Rs 30.3 crore, while revenue from operations slightly gained 2.19% to Rs 2671.0 crore in Q2FY26 over Q1FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.57 lakh crore, slipping 4.88%. It has improved by 2.30% over last one week and edged lower by 2.02% in last one month while the market capitalization of Afcons Infrastructure Ltd has marginally improved by 2.78% and 18.18% in the same period respectively. Profit before tax (PBT) of Afcons Infrastructure Ltd stood at Rs 50.59 crore in Q2 FY26, nosediving by 72.41% year-on-year, and tanking 173.46% quarter-on-quarter. EBITDA came in at Rs 196 crore, tumbling by 49.36% YoY and crashing by 263.30% sequentially. Total expenses softened by 6.27% to Rs 2503.04 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 576.75 crore, softening by 0.62% YoY, while employee benefits expense was at Rs 302.8 crore, collapsing by 20.05% YoY. For the TTM ended FY26, revenue from operations eased 4.78% to Rs 11948.38 crore, while net profit witnessed a sharp fall of 48.49% to Rs 250.74 crore, compared to previous TTM. EBITDA soared by 84343% to Rs 843.39 crore, and PBT collapsed by 45.52% to Rs 386.79 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 127.49 crore in FY26, as against Rs 132.2 crore in FY25. Afcons Infrastructure Ltd crashed 30.86% in last one year, underperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.

Afcons Infrastructure Limited has received a Letter of Acceptance (LoA) from the Brihanmumbai Municipal Corporation (BMC) for a design and construction project of a desalinated water conveyance tunnel in Mumbai, valued at Rs 1,918 crores, inclusive of GST and Operations & Maintenance (O&M). The project, which will run from Manori to Mahavir Nagar, is considered a critical step towards ensuring a sustainable water supply for Mumbai and represents a significant addition to Afcons' portfolio of hydro, water supply, and water tunnel projects both in India and internationally.

Afcons Infrastructure Limited announced that it has fully redeemed commercial paper amounting to Rs 50 crores, bearing ISIN INE101I14EO7, on August 6, 2026, which was originally issued on August 5, 2025.

Afcons Infrastructure Limited will hold a board meeting on Friday, August 7, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for company securities will be closed for designated persons and their immediate relatives from July 1, 2026, until 48 hours after the financial results are made public.

Afcons Infrastructure Limited announced that its shareholders approved the re-appointment of Subramanian Krishnamurthy as Executive Chairman and Srinivasan Paramasivan as Managing Director at the company's 50th Annual General Meeting on July 30, 2026. Both appointments are for a further term of two years, commencing July 1, 2026, and ending June 30, 2028. Krishnamurthy has served as Executive Vice Chairman since 2018 and previously as Managing Director from 2002, while Paramasivan has been Managing Director since 2002 and brings over four decades of experience in banking, finance, and infrastructure.

Cohance Lifesciences Ltd, CEAT Ltd, Federal Bank Ltd, Jio Financial Services Ltd are among the other stocks to see a surge in volumes on NSE today, 17 July 2026.Afcons Infrastructure Ltd registered volume of 217.85 lakh shares by 14:14 IST on NSE, a 62.25 fold spurt over two-week average daily volume of 3.50 lakh shares. The stock rose 5.62% to Rs.301.45. Volumes stood at 4.66 lakh shares in the last session.Cohance Lifesciences Ltd recorded volume of 34.31 lakh shares by 14:14 IST on NSE, a 7.66 times surge over two-week average daily volume of 4.48 lakh shares. The stock lost 0.35% to Rs.440.20. Volumes stood at 3.99 lakh shares in the last session.CEAT Ltd witnessed volume of 11.7 lakh shares by 14:14 IST on NSE, a 5.73 times surge over two-week average daily volume of 2.04 lakh shares. The stock dropped 7.29% to Rs.3,550.40. Volumes stood at 1.4 lakh shares in the last session.Federal Bank Ltd recorded volume of 244.88 lakh shares by 14:14 IST on NSE, a 5.22 times surge over two-week average daily volume of 46.94 lakh shares. The stock gained 5.17% to Rs.343.50. Volumes stood at 99.17 lakh shares in the last session.Jio Financial Services Ltd registered volume of 841 lakh shares by 14:14 IST on NSE, a 4.97 fold spurt over two-week average daily volume of 169.05 lakh shares. The stock rose 2.96% to Rs.242.63. Volumes stood at 96.49 lakh shares in the last session.Powered by Capital Market - Live

Tube Investments of India Ltd, Aditya Birla Capital Ltd, JSW Cement Ltd, Glenmark Pharmaceuticals Ltd are among the other stocks to see a surge in volumes on BSE today, 17 July 2026.Afcons Infrastructure Ltd witnessed volume of 7.28 lakh shares by 10:46 IST on BSE, a 22.99 times surge over two-week average daily volume of 31671 shares. The stock increased 5.41% to Rs.300.95. Volumes stood at 66278 shares in the last session.Tube Investments of India Ltd saw volume of 3.04 lakh shares by 10:46 IST on BSE, a 15.82 fold spurt over two-week average daily volume of 19234 shares. The stock dropped 0.52% to Rs.2,918.40. Volumes stood at 5417 shares in the last session.Aditya Birla Capital Ltd saw volume of 10.52 lakh shares by 10:46 IST on BSE, a 8.59 fold spurt over two-week average daily volume of 1.22 lakh shares. The stock dropped 0.13% to Rs.399.40. Volumes stood at 47529 shares in the last session.JSW Cement Ltd witnessed volume of 61.29 lakh shares by 10:46 IST on BSE, a 7.14 times surge over two-week average daily volume of 8.58 lakh shares. The stock dropped 1.62% to Rs.140.00. Volumes stood at 3.05 lakh shares in the last session.Glenmark Pharmaceuticals Ltd notched up volume of 1.11 lakh shares by 10:46 IST on BSE, a 5.5 fold spurt over two-week average daily volume of 20262 shares. The stock slipped 2.14% to Rs.2,238.55. Volumes stood at 45003 shares in the last session.Powered by Capital Market - Live

Afcons Infrastructure announced that the 50th Annual General Meeting(AGM) of the company will be held on 30 July 2026.

Meesho Ltd, DOMS Industries Ltd, Fertilizers & Chemicals Travancore Ltd, Chambal Fertilisers & Chemicals Ltd are among the other stocks to see a surge in volumes on NSE today, 10 June 2026.Afcons Infrastructure Ltd notched up volume of 237.56 lakh shares by 14:14 IST on NSE, a 36.28 fold spurt over two-week average daily volume of 6.55 lakh shares. The stock rose 4.75% to Rs.330.50. Volumes stood at 2.05 lakh shares in the last session.Meesho Ltd clocked volume of 1756.99 lakh shares by 14:14 IST on NSE, a 12.06 times surge over two-week average daily volume of 145.71 lakh shares. The stock lost 0.45% to Rs.165.98. Volumes stood at 111.37 lakh shares in the last session.DOMS Industries Ltd saw volume of 3.35 lakh shares by 14:14 IST on NSE, a 10.79 fold spurt over two-week average daily volume of 30991 shares. The stock increased 1.88% to Rs.2,130.10. Volumes stood at 22096 shares in the last session.Fertilizers & Chemicals Travancore Ltd notched up volume of 17.04 lakh shares by 14:14 IST on NSE, a 8.75 fold spurt over two-week average daily volume of 1.95 lakh shares. The stock rose 2.85% to Rs.901.05. Volumes stood at 77478 shares in the last session.Chambal Fertilisers & Chemicals Ltd registered volume of 40.18 lakh shares by 14:14 IST on NSE, a 6.33 fold spurt over two-week average daily volume of 6.35 lakh shares. The stock rose 4.98% to Rs.477.40. Volumes stood at 3.67 lakh shares in the last session.Powered by Capital Market - Live