SPML Infra [NSE: SPMLINFRA], a leading player in the infrastructure and engineering sector, reported its Q1 FY26 results on Wednesday, 13th August 2025. The results reflect a challenging quarter for the company, with both net profit and revenue experiencing a decline.
For Q1 FY26, SPML Infra posted a net profit of ₹12.1 crore, marking a 6.2% year-on-year (YoY) decline compared to ₹12.9 crore in Q1 FY25. This decline in profit, coupled with a drop in total income, underscores the ongoing pressures the company faces. Total income for the quarter stood at ₹172.9 crore, reflecting a 22.1% decrease from the previous year and a 13.9% decline from Q4 FY25. SPML Infra stock price has been closely watched as analysts assess how the company’s performance impacts its valuation in the infrastructure sector.
Key Financial Results for SPML Infra Q1 FY26
| Particulars | Q1 FY26 (₹ Cr) | Q4 FY25 (₹ Cr) | Q1 FY25 (₹ Cr) | YoY Growth (%) | QoQ Growth (%) |
| Revenue from operations | 155.9 | 189.0 | 206.8 | -24.6 | -17.5 |
| Total Income | 172.9 | 200.8 | 221.8 | -22.1 | -13.9 |
| Net Profit/Loss | 12.1 | 12.0 | 12.9 | -6.2 | 0.8 |
| EPS Basic (₹) | 1.7 | 1.2 | 2.6 | -34.6 | 41.7 |
| EPS Diluted (₹) | 1.4 | 1.0 | 2.2 | -36.4 | 40.0 |
Important Updates from SPML Infra’s Latest Financial Results
- Decline in Net Profit Amid Revenue Pressure
SPML Infra’s net profit for Q1 FY26 declined by 6.2% YoY, amounting to ₹12.1 crore. This was accompanied by a 24.6% drop in revenue from operations, which stood at ₹155.9 crore for the quarter. - Non-Operational Gains from Other Income
The company recorded ₹3.5 crore in other income, stemming from the sale of certain land and buildings. This, along with ₹9 crore from accounting adjustments related to a debt restructuring agreement (MRA) with NARCL, positively impacted the company’s reported earnings. These non-operational gains helped offset some of the challenges faced in the core business operations. - ESOP Scheme and Stock Options for Employees
SPML Infra allotted 1,89,153 equity shares under its ESOP 2021 scheme, raising ₹59.02 lakhs. Additionally, 1,56,771 new stock options were granted to eligible employees. The company recognised an employee benefit expense of ₹41.93 lakhs related to the ESOP plan during Q1 FY26, demonstrating its commitment to employee growth and stockholder engagement. - Finance Costs Due to Debt Restructuring
Finance costs for Q1 FY26 stood at ₹8.7 crore, primarily due to adjustments arising from the fair valuation of restructured debt under the MRA agreement with NARCL. These IND AS adjustments are part of the ongoing efforts to restructure the company’s debt and strengthen its financial position. - Looking Ahead
Despite the challenges in revenue generation, SPML Infra remains focused on maintaining its position in the infrastructure sector, with a strategic eye on upcoming projects and operational efficiencies. The company’s robust performance in non-operational areas and its focus on employee engagement through ESOP schemes further indicate its long-term commitment to stability and growth in FY26 and beyond.
To stay updated with daily financial results, market insights, and developments, make sure to follow Torus Digital!
