Hot Pursuit     04-Jul-23
G R Infra executes EPC agreement for Rs 587-cr project
G R Infraprojects announced that it has executed the engineering procurement and construction (EPC) agreement with the East Coast Railway on 3 July 2023.
The scope of the project entails construction of tunnel work between Adenigarh – Purunakatak, consisting of tunnel‐T4, T5, T6 & T7 and allied works of Khurda – Bolangir new rail line project in east coast railway.

The cost of the project is Rs 587.59 crore. The completion period for T-4 is 30 months, T‐5 & T‐6 is 18 months and T-7 is 24 months.

G R Infraprojects is an integrated road engineering, procurement and construction (EPC) company largely focused on road sector. The company has also recently diversified into projects in the railway sector.

The company's consolidated net profit jumped 40.9% to Rs 389.68 crore on 2.7% rise in revenue from operations to Rs 2,461.96 crore in Q4 FY23 over Q4 FY22.

The scrip rose 0.30% to currently trade at Rs 1,288.30 on the BSE.

Previous News
  G R Infraprojects fixes record date for inteirmd ividend
 ( Market Beat - Reports 01-Nov-22   20:22 )
  GR Infraprojects announces board meeting date
 ( Corporate News - 06-Nov-23   15:54 )
  G R Infraprojects consolidated net profit rises 82.97% in the June 2022 quarter
 ( Results - Announcements 09-Aug-22   17:01 )
  G R Infraprojects skids on cancellation of tender
 ( Hot Pursuit - 30-Nov-22   10:37 )
  G R Infraprojects gets transmission licence for project in Rajgarh, MP
 ( Corporate News - 14-Sep-22   19:10 )
  Volumes jump at PVR Ltd counter
 ( Hot Pursuit - 15-Sep-22   11:00 )
  G R Infraprojects bags NHAI road project worth Rs 740 cr
 ( Corporate News - 29-Mar-23   15:07 )
  Smallcap World Fund pares stake in G R Infraprojects
 ( Hot Pursuit - 09-Mar-22   10:55 )
  G R Infraprojects consolidated net profit declines 35.41% in the September 2023 quarter
 ( Results - Announcements 10-Nov-23   08:36 )
  G R Infraprojects successfully bids for transmission project in Madhya Pradesh
 ( Corporate News - 01-Jan-24   16:48 )
  G R Infra rises after emerging L-1 bidder in metro project
 ( Hot Pursuit - 29-Dec-21   09:18 )
Other Stories
  BHEL receives LOI for Rs 10,000 crore project from Damodar Valley Corporation
  27-Jul-24   10:54
  Gujarat Themis' Q1 PAT falls over 25% YoY to Rs 13 crore
  27-Jul-24   09:25
  Power Grid Q1 PAT rises 3% YoY to Rs 3,724 cr
  27-Jul-24   08:54
  IndusInd Bank PAT rises to Rs 2,152 cr in Q1 FY25
  26-Jul-24   17:40
  Cipla spurts as Q1 PAT rises 18% YoY to Rs 1,178 cr
  26-Jul-24   15:53
  Shriram Finance soars as Q1 PAT rises 18% YoY
  26-Jul-24   15:33
  Indus Towers spurts on buyback plan
  26-Jul-24   15:28
  MMTC Ltd leads losers in 'A' group
  26-Jul-24   15:00
  Nova Agritech Ltd leads losers in 'B' group
  26-Jul-24   14:45
  Volumes soar at New India Assurance Company Ltd counter
  26-Jul-24   14:30
Back Top