B L Kashyap & Sons Reports Consolidated Revenue of ₹355.13 Cr for Q2 FY25–26

Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd

New Delhi, November 17, 2025: Leading civil engineering and construction company B L Kashyap & Sons Limited has announced its financial results for the second quarter of the fiscal year 2025–26. In Q2 FY26, the company recorded consolidated revenue of INR 355.13 crore and a loss of INR 8.63 crore (primarily on account of reversal of deferred tax assets of INR 13.50 crore), compared to INR 336.42 crore in revenue and PAT of INR 10.86 crore in Q1 FY26. EBITDA for the quarter was INR 20.47 crore, while gross margin stood at INR 56.58 crore.

During the corresponding quarter of FY25, consolidated revenue was INR 267.27 crore and PAT stood at INR 9.37 crore.

For the half year ended 30 September 2025, the company reported consolidated revenue of INR 696.21 crore and a PAT of INR 2.23 crore, compared to INR 631.66 crore in revenue and INR 29.63 crore PAT for the same period in FY25.

Commenting on the results, Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd., said, “Despite a challenging quarter, our operational fundamentals remain strong, and the significant expansion of our order book reflects the trust we continue to earn from India’s leading developers. Securing over Vineet Kashyap, Managing Director, B L Kashyap & Sons Ltd 1,200 crore in new projects during the quarter underlines the strength of our execution capabilities and the confidence our clients place in us. With a robust order book of INR 4,087 crore and substantial progress in reducing fund-based debt, we are strategically positioned for sustainable growth. The momentum across key projects gives us strong visibility for the upcoming quarters, and we remain committed to delivering excellence and strengthening our financial performance.”

B L Kashyap secured new orders worth INR 1,219.26 crore during Q2 FY26 from Manyata Properties, BPTP Limited, and Embassy Development Limited, reinforcing a healthy project pipeline. The company’s order book stood at INR 4,087 crore as of 30 September 2025—an increase of 27.10 per cent quarter-on-quarter, up from INR 3,215.54 crore as on 30 June 2025. The order book for H1 FY26 registered a robust growth of 15.26 per cent over the previous corresponding period’s order book of INR 3,546 crore as of 30 September 2024.