Highway Infra Contract Cancelled, BPL Reports Q4 Net Loss
By Sivam
Highway Infrastructure’s Bhopal housing contract cancelled. BPL reports improved Q4 net loss of Rs -109.92 million for March 2026.
Highway Infrastructure Contract Cancelled in Bhopal
Highway Infrastructure has been informed about the cancellation of its significant affordable housing contract in Bhopal, Madhya Pradesh. This development impacts a project under the Pradhan Mantri Awas Yojana (PMAY).
The contract involved the construction of houses and development of infrastructure for affordable housing at Plot Nos. 47 and 49, Commercial-cum-Residential Building Plan, Bhopal.
BPL Reports Q4 Net Loss
Separately, BPL reported a net loss of Rs -109.92 million for the quarter ended March 2026. While still a loss, this marks an improvement from the previous year’s figures.
- Net Loss: Rs -109.92 million in Q4 March 2026, compared to Rs -174.19 million in Q4 March 2025.
- Total Revenue: Remained nearly unchanged at Rs 196.17 million for the quarter.
- Operating Profit: Saw a sharp decline to Rs 10.31 million from Rs 506.89 million in the year-ago period.
The company’s operating performance saw a notable contraction despite the reduced net loss.