The completion certificate has been issued by the authority's engineer and the project has been declared fit for entry into commercial operation with effect from 20 February 2023.
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 zoomed to Rs 323.65 crore in the quarter ended December 2022 as against Rs 145.48 crore during the previous quarter ended December 2021. Sales rose 12.10% YoY to Rs 2,191.88 crore in Q3 FY23.
Shares of G R Infraprojects were down 0.62% to currently trade at Rs 997 on the BSE.