New Delhi, February 11, 2026: B L Kashyap & Sons Ltd., a well-established civil engineering and construction company, has announced its financial results for the third quarter of the financial year 2025–26, highlighting improved profitability, strong order inflows, and continued operational stability.
Quarterly performance shows recovery and profitability
For Q3 FY26, the company reported consolidated revenue of Rs. 323.87 crore and a profit after tax (PAT) of Rs. 11.83 crore. This marks a significant improvement compared to the previous quarter, when the company recorded a loss of Rs. 8.63 crore despite higher revenue of Rs. 355.13 crore.
Operational earnings also strengthened during the quarter, with EBITDA increasing to Rs. 28.87 crore from Rs. 20.47 crore in Q2 FY26, reflecting better operational efficiency and effective cost control measures.
Compared to the same quarter last year, the company delivered notable growth. In Q3 FY25, it had reported revenue of Rs. 241.87 crore and PAT of Rs. 1.12 crore, demonstrating considerable improvement in both revenue and profitability this year.
Nine-month results indicate steady execution
For the nine months ended December 31, 2025, the company recorded consolidated revenue of Rs. 1,015.42 crore and PAT of Rs. 14.06 crore. This compares with revenue of Rs. 859.45 crore and PAT of Rs. 30.74 crore during the corresponding period of the previous financial year.
The increase in revenue reflects improved execution across projects, better billing processes, and steady operational progress despite ongoing industry challenges.
New orders surge significantly during the quarter
During Q3 FY26, the company secured fresh orders worth Rs. 1,528.98 crore, compared to Rs. 250 crore in the same quarter last year. This sharp rise in order inflows highlights growing client confidence and strengthens the company’s project pipeline.
Key project wins came from major clients, including Embassy Constructions Pvt. Ltd., DLF Home Developers Ltd., Sattva CKC Pvt. Ltd., and ESNP Property Builders and Developers Pvt. Ltd., supporting the company’s continued growth momentum.
Order book strengthens, supporting future growth visibility
As of December 31, 2025, the company’s order book stood at Rs. 5,293 crore, reflecting strong growth compared to Rs. 4,087 crore as of September 30, 2025. On a year-on-year basis, the order book increased by 60% from Rs. 3,311 crore, highlighting sustained demand and successful project acquisition.
A strong order book provides improved revenue visibility and supports the company’s growth outlook over the coming quarters.
Management commentary
Commenting on the results, Vineet Kashyap, Managing Director, said:
“Our Q3 FY26 performance reflects the strength of our focused tendering strategy, operational consistency, and financial resilience. During the quarter, we delivered steady performance and maintained strong financial discipline, reflected in positive EBITDA and sustained revenue despite a challenging environment. We continue to prioritise high-volume residential developments, data centres, and built-to-suit office projects, while investing in advanced construction technologies that enhance speed, quality, and cost efficiency.
The sharp increase in order inflows, particularly from marquee clients, has significantly strengthened our project pipeline and improved revenue visibility for the coming quarters. Our expanding order book, coupled with improving balance sheet health and sustained CAPEX in formwork systems, reinforces our delivery capabilities and positions us well to capitalise on emerging opportunities across key construction segments. Backed by strong talent investments and a future-ready approach, we remain focused on prudent financial management and delivering long-term value through consistent performance.”
Outlook remains positive
With a growing order pipeline, stable financial performance, and continued focus on execution efficiency, the company is well positioned to benefit from opportunities in residential, commercial, and infrastructure construction. Its expanding order book and improved financial discipline are expected to support steady growth in the coming periods.
Last Updated on: Saturday, February 14, 2026 3:59 pm by Indian News Bulletin Team | Published by: Indian News Bulletin Team on Saturday, February 14, 2026 3:57 pm | News Categories: News
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