GR Infraprojects Limited has announced robust financial performance for Q3FY26, delivering significant growth across key metrics while executing strategic corporate actions during its board meeting held on February 6, 2026.

Financial Performance Highlights

The infrastructure company demonstrated strong operational performance during the quarter ended December 31, 2025. Revenue from operations increased substantially, supported by improved execution across project segments.

Nine-Month Performance

For the nine months ended December 31, 2025, the company maintained strong momentum with revenue from operations reaching ₹5,099.32 crores compared to ₹4,525.16 crores in the corresponding period last year. Net profit for the nine-month period stood at ₹578.79 crores against ₹435.37 crores in the previous year.

Board Meeting Outcomes

The board meeting, which commenced at 5:00 PM and concluded at 7:05 PM on February 6, 2026, approved several significant matters beyond the quarterly results.

Strategic Developments

During the quarter, the company completed the acquisition of 100% equity shares in Rajgarh Neemach Power Transmission Limited for ₹18.88 crores. This acquisition supports the company's expansion in the power transmission segment through a tariff-based competitive bidding process.

The sale of GR Bahadurganj Araria Highway Private Limited to Indus Infra Trust resulted in an exceptional gain of ₹41.10 crores, contributing to the quarter's strong financial performance.

Regulatory Compliance

The company maintained its commitment to regulatory compliance, with all financial results prepared in accordance with Indian Accounting Standards and SEBI regulations. The results were reviewed by statutory auditors S R B C & CO LLP and approved following proper governance procedures.

GR Infraprojects Ltd has secured a significant order win by emerging as the lowest bidder (L1) for a major Battery Energy Storage System (BESS) project at NTPC Thermal Power Stations. The announcement came following the opening of financial bids for the tender.

NTPC BESS Project Details

The project represents Lot-1 of NTPC's comprehensive BESS implementation programme and will be executed at the Mouda Super Thermal Power Station located in Maharashtra. The scope involves Engineering, Procurement and Construction (EPC) work for battery energy storage system implementation.

Recent Railway Project Win

In recent developments, GR Infraprojects received an appointed date from Western Railways for a gauge-conversion project in Gujarat's Vadodara division. This project demonstrates the company's diversified infrastructure capabilities across power and railway sectors.

The railway project encompasses comprehensive infrastructure development between Kosamba and Umarpada stations. The scope includes multiple components essential for gauge conversion operations.

Project Scope Components

The Gujarat railway project includes extensive infrastructure work:

• Earthwork and blanketing operations
• Ballast supply and track linking
• Construction of minor and major bridges
• Station buildings development
• Water and sanitation facilities
• Platform construction and retaining walls
• Drainage systems implementation
• 30 road under-bridges (RUBs) construction

Notably, the contract excludes the supply of new rails, focusing primarily on civil and infrastructure components.

Market Performance

Shares of GR Infraprojects Ltd closed at ₹925.40, declining by ₹3.30 or 0.36% during the trading session. Despite the minor decline, the company's recent order wins demonstrate strong business momentum in the infrastructure sector.