Afcons Infrastructure stock soars 3% after bagging contract worth ₹576 crore; what we know so far

As of 1:41 pm, the stock was trading 0.62% higher at ₹468.60 per equity share.

This comes after the construction and engineering company bagged a contract for civil and allied infrastructure works worth approximately ₹576 crore (including GST), it said in a regulatory filing dated Thursday.

In a separate regulatory filing, the company said that it received an inspection letter (RD Letter) from the Office of the Regional Director, Western Region (Mumbai), Ministry of Corporate Affairs, Government of India.

It said that the current RD letter is in continuation of the inspection undertaken by the Regional Director in 2024, adding that it covers a few additional projects and extends the period of inspection up to FY25.

The letter seeks clarification on certain alleged noncompliance or contravention of certain provisions of the Companies Act and certain accounting-related matters for such additional projects of the firm.

Afcons Infrastructure share performance

The stock has gained nearly 5% over the last five days and 4.6% over the past month. It has surged more than 9% in six months. On a year-to-date basis, however, the scrip has declined about 13%.

While the share reached a 52-week low of ₹390 on July 29, 2025, it touched a year’s high of ₹570 apiece on January 3, 2025.

Afcons Infrastructure has a total market capitalisation of ₹17,204.97 crore, as of October 10, 2025, according to data on the NSE.

Afcons Infrastructure Q1 result

The firm reported a 50% year-on-year (YoY) surge in its consolidated profit after tax (PAT) to ₹137 crore in the June quarter of FY26, compared to ₹92 crore in the corresponding period a year ago.

During the quarter under review, it witnessed a 6.8% YoY increase in its revenue from operations to ₹3,370 crore, as against ₹3,154 crore in Q1FY25.