Afcons Infrastructure Slumps 4% After Rs 88 Crore Q4 Loss

frastructure, the engineering and construction arm of the Shapoorji Pallonji Group, saw its shares drop nearly 4% on Tuesday after reporting a sharp reversal into losses for the fourth quarter. The company posted a consolidated net loss of Rs 88.4 crore for the quarter ended March 2026, compared to a net profit of Rs 110.9 crore in the same period last year. The EBITDA margin contracted sharply to 1.6% from 9.1% a year ago. Management attributed the weak performance to persistent macroeconomic headwinds, including cost pressures and execution challenges, along with certain one-time items. Despite the quarterly miss, the company is focusing on improving operational efficiency and order book execution in the coming quarters.