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Profit before tax increased 45.8% to Rs 521.24 crore in Q4 FY23 as compared with Rs 357.41 crore in corresponding quarter last year.
Total expense jumped 45.84% year on year to Rs 521.23 crore in Q4 FY23. Cost of material stood at Rs 51.76 crore (down 52.31% YoY), construction expense was at Rs 1523.39 crore (down 3.55% YoY) while employee benefit expense (up 0.3% YoY), finance cost was at Rs 121.07 crore (up 12.32% YoY).
EBITDA declined 28.07% to Rs 289.8 crore in Q4 FY23 as compared with Rs 403 crore in corresponding quarter last year. EBITDA margin stood at 14.53% in Q4 FY23 as against Rs 17.77% in Q4 FY22.
On full year basis, the company's consolidated net profit jumped 74.8% to Rs 1,454.43 crore on 12.1% rise in revenue from operations to Rs 9,481.51 crore in FY23 over FY22.
As on 31 March 2023, the order book stood at Rs 19,529.4 crore.
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.
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