Akash Infra-Projects Q2 FY27 Results: Turns Profitable, Net Profit ₹0.3 Cr
Akash Infra-Projects Ltd reported revenue from operations of ₹22.4 Cr (+85.1% YoY) and net profit of ₹0.3 Cr for Q2 FY27.
- Key figure
- Net profit ₹0.3 Cr
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Akash Infra-Projects Ltd reported revenue from operations of ₹22.4 Cr (+85.1% YoY) and net profit of ₹0.3 Cr for Q2 FY27.
Akash Infra Projects has scheduled a board meeting on November 6, 2026, to consider unaudited September 2026 half-year results. No financial figures or material decisions are disclosed.
Akash Infra-Projects Limited held its 27th Annual General Meeting on September 30, 2026, through video conferencing to transact business as per the notice.
Akash Infra-Projects Limited has issued a notice for its 27th Annual General Meeting scheduled for September 30, 2026, covering director appointments and ordinary/special business resolutions.
Akash Infra Projects Limited has appointed Mrs. Urvi Sachin Bhatt and Mr. Lalji Kishorji Vaghela as Non-Executive Independent Directors for a five-year term starting January 2027.
Akash Infra-Projects Ltd reported revenue from operations of ₹39.1 Cr (+84.4% YoY) and net profit of ₹0.2 Cr (+0.0% YoY) for Q1 FY27.
SEBI's Adjudicating Officer issued an order regarding the show-cause notice served to company directors. The authority concluded no allegations are sustainable and imposed no penalty.
Akash Infra Projects filed an execution petition against Ahmedabad Municipal Corporation to recover a ₹117.84 Crore arbitration award. Successful enforcement would significantly boost the company's liquidity.
Akash Infra-Projects Ltd reported revenue from operations of ₹37.6 Cr (+86.1% YoY) and net profit of ₹0.6 Cr (-75.0% YoY) for Q4 FY26.
Akash Infra-Projects approved audited financial results for the fiscal year ended March 31, 2026. The board confirmed unmodified audit opinions for both standalone and consolidated statements.
Akash Infra Projects Limited scheduled a board meeting for May 30, 2026, to consider audited financial results. The company's trading window remains closed until June 1, 2026.
Akash Infra Projects Limited received a court order upholding prior Arbitrator's Awards in a dispute with Ahmedabad Municipal Corporation. The Commercial Court rejected both the Corporation's plea to quash awards and the company's plea for higher compensation. No immediate financial implications were disclosed as the awards remained unchanged.
Akash Infra Projects Limited has allotted 40,00,000 convertible warrants at ₹40 each on a preferential basis, raising ₹16.0 Crore. The issue involved 19 investors and will not result in a change of company control.
Akash Infra Projects Limited's board approved the allotment of 40,00,000 convertible warrants at ₹40 each on a preferential basis. The company received ₹4 Crore (25% subscription) from 19 investors, including promoters. Warrants are exercisable into equity shares within 18 months, strengthening the company's capital position for growth.
Akash Infra Projects Limited has received a ₹4.99 Crore work order from the Panchayat R and B Department, Mehsana. The project involves widening the Ankhol Vamaj Road in Gujarat and is scheduled for completion within nine months.
Akash Infra-Projects Ltd reported net profit of ₹0.9 Cr (+800.0% YoY) for Q3 FY26.
Akash Infra-Projects Limited submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The report, issued by Purva Sharegistry (India) Pvt. Ltd., confirms that no share certificates were dematerialised during the quarter.