Highways Infrastructure Trust's Q1 FY 2025-26 Quarterly Results

Result Summary

• Highways Infrastructure Trust reported a 4.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 57.7%.
• Its expenses for the quarter were down by 16.9% QoQ and up 70.4% YoY.
• The net profit decreased 140.4% QoQ and increased 30.5% YoY.
• The earnings per share (EPS) of Highways Infrastructure Trust stood at 0.71 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Highways Infrastructure Trust is a company focused on the development, management, and operation of infrastructure projects, primarily in the transportation sector. The company is involved in the construction, maintenance, and management of highways and roads. While specific recent developments are not provided, the company's core business likely revolves around large-scale infrastructure projects that contribute to regional connectivity and economic growth. As a part of the infrastructure industry, the company may be influenced by factors such as government policies, funding availability, and economic conditions, which can impact its operational and financial performance.

Revenue

In Q1FY26, Highways Infrastructure Trust reported a total income of ₹847.39 crores. This represents a 4.6% decrease quarter-over-quarter from the previous quarter, Q4FY25, where the total income was ₹888.56 crores. However, the company experienced a significant year-over-year growth of 57.7% compared to Q1FY25, when the total income was ₹537.35 crores. These figures reflect variations in the company's revenue streams between periods. The decrease in total income from the last quarter might be attributed to fluctuations in project execution, seasonal variations, or other operational factors affecting revenue generation.

Profitability

The company's profitability metrics show significant changes over the periods analyzed. In Q1FY26, the Profit Before Tax (PBT) was ₹146.16 crores, showing a considerable improvement both quarter-over-quarter and year-over-year. This marks a stark contrast from Q4FY25, where the company reported a loss before tax of ₹324.52 crores. Year-over-year, the PBT increased by 16.1% from ₹125.94 crores in Q1FY25. After accounting for taxes, the Profit After Tax (PAT) for Q1FY26 was ₹129.72 crores, compared to a loss of ₹321.37 crores in Q4FY25 and a PAT of ₹99.44 crores in Q1FY25. The earnings per share (EPS) for the latest quarter was ₹0.71, contrasting with a negative EPS of ₹4.72 in the previous quarter, indicating a positive turnaround in profitability over the analyzed period.

Operating Metrics

The analysis of operating metrics reveals a reduction in total expenses, which stood at ₹701.22 crores for Q1FY26. This represents a 16.9% decrease quarter-over-quarter from Q4FY25, where expenses were ₹844.13 crores. Year-over-year, total expenses increased by 70.4% from Q1FY25, where expenses were ₹411.41 crores. The significant reduction in expenses from the previous quarter may result from cost optimization strategies or changes in operational activities. Additionally, the tax expense for Q1FY26 was ₹16.44 crores, a reversal from negative tax expenses reported in Q4FY25, implying a return to tax liabilities. The substantial variations in these operating metrics over the quarters provide insights into the company's operational efficiencies and financial management strategies.