Afcons Infrastructure Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

Afcons Infrastructure has announced a board meeting on May 23, 2025, approving the financial results for the quarter and half-year. Consolidated revenue dipped 4.6% YoY to ₹13,023 Cr, but EBITDA rose 5% to ₹1,662 Cr, boosting margins to 12.8%. PAT increased 8.2% to ₹487 Cr. The order book strengthened to ₹36,869 Cr (excluding L1 ₹10,662 Cr) with ₹15,960 Cr in new orders, driving a healthy book-to-bill of 2.9x. Net debt fell to ₹2,236 Cr, bringing leverage to 0.3x. A 25% dividend (₹2.50/share) was approved, alongside key auditor and director re-appointments and senior management additions to enhance operations.