The completion certificate has been issued by the authority's engineer on 22 December 2022 and has declared the project fit for entry into commercial operation with effe from 30 November 2022. The contract price of the project stood at Rs 996.27 crore.
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 rose 78.3% to Rs 336.23 crore on a 13.5% increase in sales to Rs 2,136.36 crore in Q2 FY23 over Q2 FY22.
The scrip shed 0.59% to currently trade at Rs 1,148.45 on the BSE.
