Integrated Filing — IndAS



General information about company

Scrip Code 539150
NSE Symbol PNCINFRA
MSEI Symbol NOTLISTED
ISIN INE195J01029
Name of company PNC INFRATECH 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 09-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-01-2026
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 Standalone
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 Infrastructure Devlopment and Construction/Project Activities
Start date and time of board meeting 09-02-2026   12:30:00
End date and time of board meeting 09-02-2026   15:57:00
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
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No Default on Loans and Debt Securities has been made



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 Standalone Standalone
1 Income
Revenue from operations 1,05,638.57 3,17,587.87
Other income 2,217.84 5,138.86
Total income 1,07,856.41 3,22,726.73
2 Expenses
(a) Cost of materials consumed 75,662.40 2,25,644.97
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 7,705.27 24,334.56
(e) Finance costs 2,160.49 6,481.38
(f) Depreciation, depletion and amortisation expense 2,585.23 6,606.42
(f) Other Expenses
1 Other Expenses 9,176.27 26,838.98
Total other expenses 9,176.27 26,838.98
Total expenses 97,289.66 2,89,906.31
3 Total profit before exceptional items and tax 10,566.75 32,820.42
4 Exceptional items (70.54) 451.42
5 Total profit before tax 10,496.21 33,271.84
6 Tax expense
7 Current tax 2,359.49 7,873.27
8 Deferred tax 464.92 1,029.10
9 Total tax expenses 2,824.41 8,902.37
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 7,671.80 24,369.47
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 0.00 0.00
16 Total profit (loss) for period 7,671.80 24,369.47
17 Other comprehensive income net of taxes 465.81 640.51
18 Total Comprehensive Income for the period 8,137.61 25,009.98
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 5,130.78 5,130.78
Face value of equity share capital 2 2
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 2.99 9.5
Diluted earnings (loss) per share from continuing operations 2.99 9.5
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 2.99 9.5
Diluted earnings (loss) per share from continuing and discontinued operations 2.99 9.5
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) Notes: 1. The above standalone results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 09, 2026. 2. The results for the quarter and nine months ended on December 31, 2025 are in compliance with Indian Accounting Standards (Ind-AS) notified by the Ministry of Corporate Affairs, read with SEBI Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30.01.2026 as amended and in terms of amendments made in SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. These results have been subjected to limited review by the Statutory Auditors of the Company. 3. Contract Revenue for the nine month period ended on December 31, 2025 includes Rs. Nil (9MFY25 Rs.37,880.73 Lakhs) towards arbitration claim in pursuance of Settlement Agreement and Rs. Nil (9MFY25 Rs.5,638.65 Lakhs) towards bonus. 4. The Government of India had notified The Code of Social Security 2020, Occupational Safety, Health and Working Condition Code 2020, Industrial Relation Code 2020 and the Code on Wages 2019 (collectively the Labour code) on November 21, 2025. The Ministry of Labour and Employment publish draft central rules and FAQ’s to enable assessment of the financial impact due to implementation of Labour Code. The company has evaluated the impact of increased Labour benefits/obligations arising from the implementation of Labour code based on actuarial valuation report provided by the Independent valuer and the company has recognised the financial impact on past services cost of gratuity and leave encashment of Rs.70.54 Lakhs in accordance with Ind AS 19-Employee Benefit and disclosed the same as an exceptional item in the financial results for the quarter and nine months ended December 31, 2025. The company is in process of evaluating other potential impact including those relating to the contract workforce, if any, that may arise once the central and state rules in this regards are notified. 5. The Company has disclosed infrastructure development including project construction & execution activity as primary segment. Segments have been identified taking into account the nature of work/services, risk, return and organisational structure. The Chief Operating Decision Maker (CODM) identified Road EPC and Water EPC as reportable segments. 6. As permitted by paragraph 4 of Ind AS 108, Operating Segments, notified under section 133 of the Companies Act, 2013, read together with the relevant rules issued thereunder, if a single financial report contains both consolidated financial results and the separate financial results of the parent, segment information need to be presented only on the basis of the consolidated financial results. Thus, disclosure required by Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on segment wise revenue results and capital employed are given in consolidated financial results. 7. During the nine months period ended December 31, 2025, the Company, along with its wholly owned subsidiary PNC Infra Holdings Limited (“PNC Infra”), successfully completed the sale of its equity stake in 11 Road Assets out of 12 Road Assets to Vertis Infrastructure Trust (“VIT”) (formerly known as Highways Infrastructure Trust), an Infrastructure Investment Trust sponsored by affiliates of KKR & Co. Inc. The 12th and final asset/SPV, namely PNC Challakere (Karnataka) Highways Private Limited (a HAM Project), is expected to be divested in Q4 FY26, upon the fulfilment of the remaining Conditions Precedent. 8. The figures for the quarter ended December 31, 2025 and December 31, 2024 represents the difference between limited reviewed figures for the nine months ended December 31, 2025 and December 31, 2024 and half year ended September 30, 2025 & September 30, 2024 respectively. 9. Figures for the previous periods have been regrouped/rearranged, wherever required necessary. 10. The aforesaid un-audited standalone financial results will be uploaded on the Company's website www.pncinfratech.com and will also be available on the website of BSE Limited www.bseindia.com and the National Stock Exchange of India Limited www.nseindia.com for the benefit of the shareholders and investors. For PNC Infratech Limited Place: Agra Chakresh Kumar Jain Date: February 09, 2026 Managing Director (DIN: 00086768)



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 Standalone Standalone
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 Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be classified to profit or loss (Net of Taxes) 465.81 640.51
Total Amount of items that will not be reclassified to profit and loss 465.81 640.51
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 465.81 640.51