The project involves development of six-lane Urban Extension Road (UER) -2- NH 344 M, Package 1 (From NH-1 to Karala - Kanjhawala Road) in state of Delhi on EPC mode. The company's bid project cost is Rs 1,393.11 crore and completion period is 2 years.

H G Infra Engineering is an infrastructure construction, development and management company. The main business includes providing engineering-procurement-and-construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects.

The construction company's consolidated net profit rose 104.55% to Rs 111.11 crore on a 66.58% increase in net sales to Rs 1056.29 crore in Q4 FY21 over Q4 FY20.

The scrip shed 0.82% to currently trade at Rs 492.40 on the BSE.