Whalesbook
Toh bhaiyo aur behno, Noida Toll Bridge Company Ltd (NTBCL) ne FY26 mein financial game hi change kar diya hai. Pichhle saal ₹244.19 Crore ke massive loss ke baad, company ne is fiscal year mein ₹27.24 Crore ka consolidated Profit After Tax (PAT) kama liya hai. Standalone basis par bhi ₹27.14 Crore ka profit dekhne ko mila, jo ki pichhle saal ke ₹244.29 Crore loss se ek dum ulat hai.
Toh is turnaround ka main reason hai revenue mein achhi khasi badhotri. FY26 mein company ka consolidated revenue ₹58.84 Crore raha, jo ki FY25 ke ₹42.61 Crore se kaafi zyada hai. Q4 FY26 mein bhi revenue ₹12.72 Crore tak pahunch gaya, jo Q4 FY25 ke ₹10.97 Crore se better hai. Haan, Q4 mein PAT thoda sa gir kar ₹3.85 Crore ho gaya (FY25 mein ₹4.06 Crore tha), par overall picture bohot positive hai.
Ye profit kyun important hai? Yaar, yaad hai Supreme Court ne 2016 mein DND Flyway par toll collection band karwa diya tha? Tab se company bohot financial problems se guzar rahi thi. Ye FY26 ka profit ek bohot bada sign hai ki NTBCL ab loss se nikal kar profit banane wali company ban rahi hai. Ye numbers stakeholders ke liye kaafi relief dene wale hain. Is profit se company ko apne chal rahe legal aur financial demands ko handle karne mein madad mil sakti hai.
Lekin Rukein! Toh Kya Sab Kuch Thik Hai? Nahi yaar, situation abhi bhi thodi risky hai. Supreme Court ne ek ₹232 Crore se zyada ke intangible asset ke impairment ko uphold kiya hai. Aur toh aur, tax ke bade-bade mamle chal rahe hain. Income Tax Appellate Tribunal (ITAT) ne 2006-2012 ke liye ₹23,127 Crore tak ki demands nikali thi, jiske appeals abhi bhi pending hain. Noida authorities bhi ₹100 Crore advertisement license fees maang rahe hain, lekin Delhi High Court ne 28 July, 2026 tak koi coercive action par stay laga rakha hai. Ek former licensee bhi contract termination ke baad arbitration mein gaya hai. Saath hi, ICICI Bank aur ITNL se liye gaye loans par ₹1,152.09 Lakh ka interest bhi FY26 ke liye account nahi hua hai kyunki IL&FS resolution ki vajah se moratorium chal raha hai.
Aage Kya Dekhna Hai? Investors ko ab 28 July, 2026 ko Noida advertisement fee case ki hearing, former licensee ke saath arbitration ka progress, aur New Labour Codes ka potential impact dekhna hoga. Jo tax disputes chal rahe hain, unka kya hota hai, ye bhi crucial rahega.