GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions — infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa.
The company’s consolidated net profit stood at Rs 13.51 crore in Q2 FY24, steeply higher than Rs 5.52 crore in Q2 FY23. Net sales jumped 53% YoY to Rs 233.63 crore in Q2 FY24.
The scrip rose 0.09% to end at Rs 165 on Friday, 29 December 2023.]
