Twamev Construction and Infrastructure Limited — Results, 11-08-2026: Integrated Filing- Financial
Twamev Construction's Q1 FY27 consolidated revenue rose 28.8% YoY to ₹11.04 Cr. Net loss narrowed to ₹0.15 Cr from ₹0.33 Cr YoY, with EPS at negative ₹0.01.
Infrastructure projects, including ₹3.02 Cr unbilled revenue, drove growth. However, auditors flagged major concerns: a subsidiary's ₹5.44 Cr loan lacked interest income; a step-down subsidiary has an abandoned project with a pending ₹986.18 Cr arbitration claim, unprovisioned ₹385.10 Cr inter-company claims, and NPA status since 2018. Additionally, the company didn't provision for gratuity/leave encashment or ₹0.08 Cr rental income, impacting profit. A ₹221 Cr resolution plan payment awaits NPA status upgrade.
These results reflect mixed financial momentum, overshadowed by substantial unresolved legacy issues.
All announcements from Twamev Construction and Infrastructure Limited
