MIIL receives OC for its premium redevelopment project in Goregaon, Mumbai,
Meghna Infracon Infrastructure has received the Occupation Certificate (OC) for Riviera, its premium redevelopment project in Goregaon West, Mumbai. The company secured the OC of the project in just 16 months from the receipt of the First Commencement Certificate (CC) and has commenced handing over homes to residents. Spread across approximately 40,000 sq. ft., Riviera comprises a Ground + 9-storey residential building. With the project`s completion, more than 35 families have taken possession of their new marking Infrastructure Limited.
MIIL launches its first premium commercial project in Thane,
Meghna Infracon Infrastructure has announced the launch of Meghna One, its landmark 2.8 lakh sq. ft. commercial development with a total Gross Development Value (GDV) of approximately Rs 300 crore in Wagle Estate, Thane. Designed as Thane`s first lake-facing, IGBC Gold-certified biophilic commercial tower, the project marks the company`s strategic entry into large-format Grade-A commercial real estate.
Board of Meghna Infracon Infrastructure recommends final dividend,
Meghna Infracon Infrastructure announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 2.5%) , subject to the approval of the shareholders.
Meghna Infracon Infrastructure consolidated net profit declines 48.98% in the March 2026 quarter,
Net profit of Meghna Infracon Infrastructure declined 48.98% to Rs 2.00 crore in the quarter ended March 2026 as against Rs 3.92 crore during the previous quarter ended March 2025. Sales rose 52.48% to Rs 18.48 crore in the quarter ended March 2026 as against Rs 12.12 crore during the previous quarter ended March 2025.For the full year,net profit declined 41.67% to Rs 5.39 crore in the year ended March 2026 as against Rs 9.24 crore during the previous year ended March 2025. Sales rose 15.85% to Rs 46.20 crore in the year ended March 2026 as against Rs 39.88 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales18.4812.12 52 46.2039.88 16 OPM %14.9931.27 -22.1228.44 - PBDT2.744.03 -32 10.1111.38 -11 PBT2.573.93 -35 9.5611.20 -15 NP2.003.92 -49 5.399.24 -42 Powered by Capital Market - Live News
Meghna Infracon Infrastructure expands its premium redevelopment portfolio in Mumbai,
Meghna Infracon Infrastructure announced the expansion of its premium redevelopment portfolio across Mumbai Metropolitan regions most sought-after residential and Commercial micro-markets, with five new projects spanning the western suburbs and Thane.With the addition of these projects, carrying an estimated Gross Development Value (GDV) of approximately 600 crore, the company`s total construction pipeline now exceeds 10 lakh sq. ft., with a cumulative estimated GDV of over 1,000 crore. This reinforces its strategy to strengthen presence across premium, high-demand residential corridors of the city.
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