Integrated Filing — IndAS



General information about company

Scrip Code 540544
NSE Symbol PSPPROJECT
MSEI Symbol NOTLISTED
ISIN INE488V01015
Name of company PSP PROJECTS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 30-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 09-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Construction of Buildings
Start date and time of board meeting 30-01-2026   11:00:00
End date and time of board meeting 30-01-2026   12:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 81,279.36 2,03,342.16
Other income 387.79 1,198.54
Total income 81,667.15 2,04,540.70
2 Expenses
(a) Cost of materials consumed 31,056.66 81,366.02
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (702.50) 386.29
(d) Employee benefit expense 4,102.87 10,932.00
(e) Finance costs 1,085.64 3,402.97
(f) Depreciation, depletion and amortisation expense 2,365.83 6,020.04
(f) Other Expenses
1 Construction Expenses 40,520.12 94,179.14
2 Other Expenses 848.96 3,553.25
Total other expenses 41,369.08 97,732.39
Total expenses 79,277.58 1,99,839.71
3 Total profit before exceptional items and tax 2,389.57 4,700.99
4 Exceptional items 0.00 0.00
5 Total profit before tax 2,389.57 4,700.99
6 Tax expense
7 Current tax 865.76 1,859.33
8 Deferred tax (260.27) (601.53)
9 Total tax expenses 605.49 1,257.80
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,784.08 3,443.19
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (0.70) (0.95)
16 Total profit (loss) for period 1,783.38 3,442.24
17 Other comprehensive income net of taxes (36.75) (47.94)
18 Total Comprehensive Income for the period 1,746.63 3,394.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,783.38 3,442.24
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1,746.63 3,394.30
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 3,964.18 3,964.18
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.53 8.74
Diluted earnings (loss) per share from continuing operations 4.53 8.74
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.53 8.74
Diluted earnings (loss) per share from continuing and discontinued operations 4.53 8.74
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above consolidated financial results of the Holding Company have been reviewed by the Audit Committee and approved by the Board of Directors of the Holding Company in their respective meetings held on January 30, 2026. The consolidated financial results are prepared in accordance with the Indian Accounting Standards (“Ind AS”), as applicable and guidelines issued by the Securities and Exchange Board of India (“SEBI”). The Ind AS are prescribed under section 133 of the Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, and the Companies (Indian Accounting Standards) (Amendment) Rules, 2016. The said financial results represent the results of PSP Projects Limited (“the Holding Company”), its subsidiaries (together referred to as “the Group” and its share in results of joint ventures which have been prepared in accordance with Ind-AS 110 – “Consolidated Financial Statement” and Ind AS 28 – “Investment in Associates and Joint Ventures”). The financial results includes results of the following: Wholly Owned Subsidiary: PSP Projects and Proactive Constructions Private Limited Joint Venture: GDCL and PSP Joint Venture (having 49% proportion of ownership interest) 2. The Government of India has consolidated 29 existing labour legislations into a united framework comprising 4 Labour Codes which were made effective from 21st November, 2025. The corresponding supporting rules under these codes are yet to be notified. The Group has considered the impact on the basis best information and estimate available and, accordingly, financial implications of the same has been recognised in the current quarter. 3. The Group is primarily engaged in one business segment viz. construction/project activities, as determined by the chief decision maker in accordance with Ind AS 108, Operating Segments. Further, the operations of the Group is predominately domiciled in India and therefore there are no reportable geographical segment. 4. The standalone financial results of the Holding Company for the quarter and nine months ended December 31, 2025 are available on the Company’s website (URL: www.pspprojects.com) Key Standalone financials information is given below: Rs. In Lakhs Particulars Quarter ended Nine Months ended Year ended 31.12.2025 30.09.2025 31.12.2024 31.12.2025 31.12.2024 31.03.2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Total Income 77,523.09 69,780.19 62,698.63 1,98,978.90 1,82,530.07 2,48,549.66 Profit Before Tax and Exceptional 2,140.65 2,056.24 1,016.02 4,238.04 7,235.84 7,842.22 Item Profit Before Tax and after Exceptional 2,140.65 2,056.24 1,016.02 4,238.04 7,235.84 7,842.22 Item Net Profit 1,605.62 1,488.59 607.68 3,113.15 5,150.48 5,645.62 Other Comprehensive (36.75) (5.59) (2.38) (47.94) (7.15) (22.38) Income/(Loss) Total Comprehensive Income 1,568.87 1,483.00 605.30 3,065.21 5,143.33 5,623.24



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement (expenses)/Income of Defined benefit plans (net of tax) (36.75) (47.94)
Total Amount of items that will not be reclassified to profit and loss (36.75) (47.94)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (36.75) (47.94)