Construction & Engineering company KNR Constructions announced Q1FY27 results Consolidated Financial Highlights: Total Income: Consolidated total income for Q1FY27 was Rs 59,995.11 lakh, down 5.96% YoY from Rs 63,796.19 lakh in Q1FY26 and down 16.04% QoQ from Rs 71,454.58 lakh in Q4FY26. Revenue from Operations: Revenue stood at Rs 58,794.47 lakh in Q1FY27, reflecting a YoY decrease of 4.04% from Rs 61,272.28 lakh in Q1FY26 and a 15.48% QoQ decline from Rs 69,559.04 lakh in Q4FY26. Net Profit After Tax (Attributable to Owners): Profit for Q1FY27 reached Rs 8,080.83 lakh, representing a 34.52% YoY decline from Rs 12,340.75 lakh in Q1FY26 and a 23.91% QoQ decline from Rs 10,620.70 lakh in Q4FY26. Standalone Financial Highlights: Total Income: The standalone total income for Q1FY27 stood at Rs 44,061.26 lakh, representing a decrease of 12.76% YoY from Rs 50,506.12 lakh in Q1FY26 and a 21.92% decrease QoQ from Rs 56,427.69 lakh in Q4FY26. Revenue from Operations: Revenue reached Rs 43,668.89 lakh in Q1FY27, declining 9.65% YoY compared to Rs 48,331.78 lakh in Q1FY26 and 18.43% QoQ from Rs 53,533.15 lakh in Q4FY26. Net Profit After Tax: The company reported a significant jump in PAT to Rs 28,228.18 lakh in Q1FY27, primarily driven by exceptional items. This represents an increase of 450.41% YoY from Rs 5,128.59 lakh in Q1FY26 and a growth of 1,368.03% QoQ from Rs 1,922.84 lakh in Q4FY26. Total Comprehensive Income: Total comprehensive income for the quarter was Rs 28,247.32 lakh in Q1FY27, compared to Rs 5,145.78 lakh in Q1FY26. Business Highlights: Exceptional Items: The standalone results include a profit of Rs 28,533.06 lakh from the transfer of 100% equity in KNR Palani Infra Private Limited and KNR Ramagiri Infra Private Limited to Indus Infra Trust. At the consolidated level, this transfer resulted in a profit of Rs 11,317.07 lakh. Modification Loss: The company recognized a modification loss of Rs 9,510.18 lakh in other expenses at the consolidated level due to changes in estimates of financial asset receivables. Project Update: Dues totaling Rs 1,37,309.28 lakh relating to the Kaleswaram Package 4 Irrigation Project remain stalled since March 2023. Management states: "Management, based on contractual terms of the agreement and internal assessments and discussions with Authority, is confident of recovering it’s present and future dues relating to this project." Segment Performance: The company operates primarily in a single operating segment: "Construction and Engineering activities." Result PDF