G R Infraprojects has emerged as L-1 bidder in Financial Bid Opening dated 13 January 2025 for the following tender invited by Maharashtra State Road Development Corporation (MSRDC). The project entails construction of Access Controlled Pune Ring Road (East) in the State of Maharashtra on EPC Mode Package PRR E6 from Km. 81+900 Sonori to Km. 97+900 Garade, Taluka Purandar, District Pune (Length-16.000 Km.) The contract price is Rs 1,947 crore. Powered by Capital Market - Live

The project involves the construction of the Pune Ring Road (East) on an Engineering, Procurement, and Construction (EPC) basis. Specifically, this package (PRR E6) covers a 16-kilometer stretch from Sonori to Garade in Purandar Taluka, Pune district. The project is to be completed within 1,095 days from the appointed date, with a total contract value of Rs 1,947 crore. GR Infraprojects is engaged in the construction of infrastructure facilities on an engineering, procurement, and construction (EPC) and built, operate, and transfer (BOT) basis. The company's consolidated net profit shed 11% to Rs 193.28 crore on a 25.94% fall in revenue from operations to Rs 1,394.33 crore in Q2 FY25 over Q2 FY24. The scrip fell 3.93% to currently trade at Rs 1269.60 on the BSE. Powered by Capital Market - Live

The provisional certificate has been issued by the Independent Engineer on 10 January 2025 and has declared the project fit for entry into commercial operation with effect from 30 November 2024. The project involves the construction of the eight-lane Vadodara Kim Expressway from KM 254.430 to KM 217.500 in Gujarat under NHDP Phase VI on HAM Mode [Phase IA/IB (Package VI, ENA-KIM)]. The cost of the project is Rs 2,187 crore. GR Infraprojects is engaged in the construction of infrastructure facilities on an engineering, procurement, and construction (EPC) and built, operate, and transfer (BOT) basis. The company's consolidated net profit shed 11% to Rs 193.28 crore on a 25.94% fall in revenue from operations to Rs 1,394.33 crore in Q2 FY25 over Q2 FY24. Shares of GR Infraprojects shed 0.13% to Rs 1,319.80 on the BSE.Powered by Capital Market - Live

G R Infraprojects announced that the Rs 2187 crore project ''Construction of Eight Lane Vadodara Kim Expressway from KM 254.430 to KM 217.500 (Vill. Kim to Vill. Ena Section of Vadodara'\ Mumbai Expressway Bharatmala Project) in the state of Gujarat under NHDP Phase'\VI on HAM Mode [Phase IA/IB 'C (Package VI, ENA'\KIM)]'' of GR Ena Kim Expressway, a wholly owned subsidiary of the company, has been provisionally completed. The Provisional certificate has been issued by the Independent Engineer on 10 January 2025 and has declared the project fit for entry into commercial operation with effect from 30 November 2024. Powered by Capital Market - Live

The order includes establishment of 400/220 kV, 5x500 MVA pooling station near Bijapur (Vijayapura), Karnataka Bijapur PS ' Raichur New 400kV (Quad ACSR moose) D/c line and 400 kV line bays ' 2 nos. (at Raichur New) 2x125MVAr 420kV bus reactors at Bijapur PS. The construction period will be 24 months. GR Infraprojects is engaged in construction of infrastructure facilities on engineering, procurement and construction (EPC) and built, operate and transfer (BOT) basis. The company's consolidated net profit shed 11% to Rs 193.28 crore on 25.94% fall in revenue from operations to Rs 1,394.33 crore in Q2 FY25 over Q2 FY24. The counter declined 1.02% to settle at Rs 1593.80 on Thursday, 12 Decmeber 2024.Powered by Capital Market - Live

G R Infraprojects has allotted 18,864 equity shares under ESOS on 06 December 2024. Powered by Capital Market - Live

G R Infraprojects has allotted 18,864 equity shares under ESOS on 06 December 2024. Powered by Capital Market - Live

On segmental revenue basis, revenue from build, operate and transfer (BOT)/ annuity projects decrease by 30.72% YoY to Rs 981.50 crore while revenue from engineering, procurement and construction declined 6.31% YoY to Rs 326.09 crore in second quarter of FY25. Profit before exceptional items and tax slumped 14.75% YoY to Rs 244.73 crore in September 2024 quarter. The company reported an exceptional loss of Rs 15.27 crore during the quarter. Total expense declined 24.99% to Rs 1,216.69 crore in Q2 FY25 over Q2 FY24. Cost of material stood at Rs 48.71 crore (down 46.34% YoY), construction expense was at Rs 799.06 crore (down 29.2% YoY), finance cost was at Rs 112.33 crore (down 22.34% YoY) while employee benefit expense stood at Rs 145.48 crore (down 10.5% YoY). EBITDA declined 24.41% to Rs 353.03 crore in Q2 FY25 as compared with Rs 467.06 crore in corresponding quarter last year. EBITDA margin stood at 25.32% in Q2 FY25 as against Rs 24.81% in Q2 FY24. The company's operating margin for Q2 FY25 was 25.32%, compared to 24.81% in Q2 FY24. Meanwhile, the company's board acquired 100% of the equity share capital of Bijapur REZ Transmission, a wholly owned subsidiary formed by PFC Consulting. The company stated that the acquisition of Bijapur REZ Transmission is necessary to undertake the transmission project for the establishment of a 400/220 kV pooling station and associated infrastructure near Bijapur, Karnataka, as part of its successful bid for the project. GR Infraprojects is engaged in construction of infrastructure facilities on engineering, procurement and construction (EPC) and built, operate and transfer (BOT) basis. Powered by Capital Market - Live

Net profit of G R Infraprojects declined 11.00% to Rs 193.28 crore in the quarter ended September 2024 as against Rs 217.16 crore during the previous quarter ended September 2023. Sales declined 25.94% to Rs 1394.33 crore in the quarter ended September 2024 as against Rs 1882.78 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1394.331882.78 -26 OPM %25.3224.81 - PBDT307.80348.83 -12 PBT244.73287.09 -15 NP193.28217.16 -11 Powered by Capital Market - Live

GR Infraprojects will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live