Hot Pursuit     15-Jun-23
G R Infra gains on emerging as L-1 bidder for Rs 1,085-cr project
G R Infraprojects rallied 2.56% to Rs 1,278 after the civil construction company emerged as L‐1 bidder for tender invited by National Highways Authority of India (NHAI) for a road project amounting to Rs 1,085.47 crore in Uttar Pradesh.
The scope of the project entails four laning from Kasganj Bypass end to Chandan Nagar in Uttar Pradesh on hybrid annuity mode – package 3.

The cost of the project is Rs 1,085.47 crore. The construction is expected to be completed in 730 days from appointed date and the operation period is 15 years from the commercial operation date.

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.

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 ( Hot Pursuit - 07-Jun-24   15:33 )
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 ( Corporate News - 25-Jun-24   14:41 )
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 ( Corporate News - 06-Jun-23   19:53 )
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 ( Corporate News - 09-Oct-23   17:59 )
  G R Infra gains as arm executes concession agreement with NHAI
 ( Hot Pursuit - 07-Jun-23   09:50 )
  G R Infraprojects consolidated net profit rises 82.97% in the June 2022 quarter
 ( Results - Announcements 09-Aug-22   17:01 )
  G R Infraprojects consolidated net profit declines 35.41% in the September 2023 quarter
 ( Results - Announcements 10-Nov-23   08:36 )
  G R Infra gains on emerging as L-1 bidder for Rs 1,085-cr project
 ( Hot Pursuit - 15-Jun-23   15:10 )
  CARE Ratings upgrades LT rating of G R Infraprojects to "AA+"
 ( Hot Pursuit - 30-Jun-23   11:38 )
  G R Infraprojects incorporates wholly owned subsidiary - GR Highways Investment Manager
 ( Corporate News - 25-Mar-22   09:34 )
  G R Infraprojects bags NHAI road project worth Rs 740 cr
 ( Corporate News - 30-Mar-23   14:47 )
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