The provisional completion certificate has been issued by an independent engineer on 23 December 2021 and has declared the project fit for entry into commercial operation with effect from 15 December 2021. The contract was worth Rs 1,437.47 crore, expected to be completed on 7 March 2022.
G R Infraprojects' consolidated net profit rose 9.6% to Rs 188.60 crore on a 48.2% surge in net sales to Rs 1,882.38 crore in Q2 FY22 over Q2 FY21.
Shares of G R Infraprojects rose 0.29% to Rs 1,651.60 on BSE. G R Infraprojects is an integrated road engineering, procurement and construction (EPC) company largely focused on road sector. The company have also recently diversified into projects in the railway sector.
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