KUALA LUMPUR (Sept 18): Binastra Corp Bhd (KL:BNASTRA) posted a 24.3% rise in net profit for the second quarter ended July 31, 2025 (2QFY2026), supported by higher contributions from its core construction segment.

Quarterly net profit came in at RM28.4 million versus RM22.9 million a year earlier, the construction outfit said in a bourse filing on Thursday. Revenue surged 71.9% year-on-year to RM396.8 million from RM230.9 million.

The construction segment recorded revenue of RM396.6 million in 2QFY2026, up from RM230.6 million a year earlier, while profit before tax rose to RM36.3 million from RM31.9 million

Binastra declared an interim dividend of three sen per share, payable on Oct 17.

As at end-July, the group’s outstanding order book stood at about RM4.4 billion, which will provide earnings visibility over the next four financial years.

Looking ahead, Binastra said it will remain focused on sustaining growth momentum by efficiently executing its order book while securing new high-value contracts.

The group is also expanding into more states after entering Sabah and Johor, and is exploring opportunities in infrastructure and renewable energy.

For the cumulative six months ended July 31, 2025 (1HFY2026), net profit rose nearly 30% to RM70.6 million from RM54.4 million in the previous year, as revenue jumped 59% to RM653.7 million from RM410.1 million.

Binastra shares closed two sen or 1% lower at RM1.95 on Thursday, valuing the company at RM2.13 billion. Year to date, the counter has gained more than 11%.