H.G. Infra Engineering Limited (HGIEL) has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, through a board meeting held on February 12, 2026. The company reported a consolidated revenue from operations of ₹14,211.60 million for the current quarter, representing a 12.36% increase from ₹12,648.24 million in the corresponding quarter of the previous year (YoY) but a 57.13% jump from ₹9,045.00 million in the previous quarter (QoQ). However, consolidated Profit After Tax (PAT) stood at ₹940.83 million, reflecting an 18.27% YoY decline from ₹1,151.20 million and an 81.49% QoQ surge from ₹518.40 million. The mixed performance comes amidst rising debt and an ongoing investigation by the Central Bureau of Investigation (CBI) involving certain employees.
| Financial Metric | Q3 FY26 (Current) | Q2 FY26 (Previous) | Q3 FY25 (LY Corr.) | % Change (QoQ) | % Change (YoY) |
| Revenue (Millions) | ₹14,211.60 | ₹9,045.00 | ₹12,648.24 | 57.13% Increase | 12.36% Increase |
| Net Profit (Millions) | ₹940.83 | ₹518.40 | ₹1,151.20 | 81.49% Increase | 18.27% Decrease |
H.G. Infra Engineering Limited is a leading Indian infrastructure company primarily engaged in Engineering, Procurement, and Construction (EPC) services for roads, highways, bridges, and flyovers. In 2025, the company strategically diversified into railways, metro projects, and renewable energy, including solar power and Battery Energy Storage Systems (BESS). Recent major updates in 2025 include securing a significant ₹1,415 crore metro viaduct project for the Thane Integral Ring Metro in a joint venture with Kalpataru Projects International. The company also executed securities purchase agreements with Neo Infra Income Opportunities Fund to divest its equity in certain hybrid annuity model (HAM) projects to unlock capital. Notable institutional investors include Nippon Life India Small Cap Fund and Abakkus Emerging Opportunities Fund, reflecting continued interest from prominent asset managers despite recent profit pressures.
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