GR Infraprojects Emerges as Top Bidder for ₹3.6 Billion Project
GR Infraprojects Limited has secured the position of top bidder for an infrastructure project valued at ₹3.60 billion (approximately $43.50 million USD). The company's success in the bidding process demonstrates its competitive strength in the sector and could potentially boost its future revenue streams and project pipeline. GR Infraprojects also recently clarified that a previous news article claiming they won a ₹23.90 billion high-speed rail contract was incorrect.
11Aug 25
G R Infraprojects Reports Mixed Q1 Results, Eyes Robust Order Inflow
GR Infraprojects reported a 3.7% YoY decrease in standalone revenue to ₹1,826.14 crores, but saw improved profitability with standalone PAT surging to ₹1,216.00 crores. The company's order book stands at ₹23,700.00 crores with 24 projects under execution. Management set ambitious order inflow targets of ₹22,000.00 crores for FY2026 and ₹30,000.00 crores for FY2027. The company is diversifying across highways, railways, metro, power transmission, and hydro sectors. Despite challenges, GR Infraprojects expects 10-15% revenue growth for FY2026 and 15-20% for FY2027.
06Aug 25
G R Infraprojects Completes INR 1,577 Crore Highway Project in Andhra Pradesh
GR Infraprojects Limited has announced the provisional completion of a four-laning project on National Highway 71 (NH-71) from Madanapalli to Pileru in Andhra Pradesh. The project, spanning 55.900 kilometers and valued at INR 1,577.00 crore, was executed under the Bharatmala Pariyojna scheme through the Hybrid Annuity Mode. The Independent Engineer issued a Provisional Completion Certificate on August 4, 2025, declaring the project fit for commercial operation from June 30, 2025. The project was carried out by GR Madanapalli Pileru Highway Private Limited, a wholly owned subsidiary of GR Infraprojects.
05Aug 25
G R Infraprojects Sets Ambitious Growth Targets for FY26 and FY27
GR Infraprojects Limited (GRIL) projects 10-15% revenue growth for FY26, with EBITDA margins expected at 12-13% for FY26 and FY27. The company aims for order inflows of ₹22,000 crore in FY26 and ₹30,000 crore in FY27. GRIL recently held an earnings call for the quarter ended June 30, 2025, with the audio recording available on their website.
02Aug 25
G R Infraprojects Reports 8.8% QoQ Revenue Decline to Rs 19,424.00 Million in Q1
GR Infraprojects Limited (GRINFRA) reported a decline in total income for Q1, with total income falling 8.78% quarter-on-quarter to Rs 19,424.00 million. Revenue from operations declined 8.25% to Rs 18,261.00 million. EBITDA margin compressed to 12.65%, and profit after tax dropped 41.87% quarter-on-quarter to Rs 2,158.00 million. However, the company maintained a robust order book of Rs 194,104.00 million as of June 30, 2025, with potential to reach Rs 237,064.00 million including L1 projects. The company operates 7 operational projects and has 19 under construction across highways, transmission, and ropeway segments. Net working capital days remained stable at 121 days, and the standalone debt-to-equity ratio stood at 0.05.
01Aug 25
G R Infraprojects Board Proposes Changes to Memorandum of Association for Business Expansion
GR Infraprojects Limited (GRINFRA) has announced plans to modify its Memorandum of Association (MOA) to broaden its business scope. The Board of Directors recommended changes to the Object Clause, aiming to provide greater clarity and flexibility for future growth. These alterations are subject to shareholder approval at the upcoming Annual General Meeting. The company also reported strong Q1 financial results, with a consolidated profit after tax of ₹24,440.63 crore and revenue from operations of ₹1,98,778.99 crore.
01Aug 25
G R Infraprojects Reports 57% Surge in Q1 Net Profit and Improved EBITDA
GR Infraprojects' consolidated net profit increased by 57% to 2.44 billion rupees in Q1. Revenue from operations slightly declined to 19.88 billion rupees. EBITDA rose to 3.98 billion rupees with an improved margin of 20.03%. The BOT/Annuity Projects segment was the strongest performer. The company plans to expand its business operations through alterations to its Memorandum of Association, subject to shareholder approval.
24Jul 25
G R Infraprojects Emerges as L-1 Bidder for Rs 290.23 Crore Giridih Bypass Project in Jharkhand
GR Infraprojects Limited (GRINFRA) has emerged as the lowest bidder (L-1) for an Engineering, Procurement, and Construction (EPC) contract in Jharkhand. The project, valued at Rs 290.23 crore, involves the construction of a 26.672 km Giridih Bypass road. Tendered by the State Highway Authority of Jharkhand, the project has a duration of 24 months from the appointed date. This potential contract demonstrates GRINFRA's competitive edge in the infrastructure sector and could significantly boost the company's order book and revenue pipeline.
24Jul 25
G R Infraprojects Secures INR 290.23 Crore Giridih Bypass Project in Jharkhand
GR Infraprojects Limited (GRINFRA) has been identified as the lowest bidder (L-1) for a highway construction project in Jharkhand. The project, valued at INR 290.23 crore, involves building the 26.672 km Giridih Bypass road. The Engineering, Procurement, and Construction (EPC) contract was awarded by the State Highway Authority of Jharkhand with a 24-month completion timeline. This development aligns with India's ongoing efforts to enhance road infrastructure and could potentially boost GR Infraprojects' order book and future revenue streams.
09Jul 25
GR Infra Secures ₹1,250 Crore Project, Boosting Order Book
GR Infraprojects Limited has won a new project valued at ₹1,250.00 crore. The contract is expected to significantly boost the company's order book and strengthen its position in the infrastructure sector. Specific details about the project, including its nature, location, and timeline, have not been disclosed. The new project is likely to enhance GR Infra's market position and may require the company to scale up its operations.
19May 25
GR Infraprojects Outlines Financial Targets and Capex Plans
GR Infraprojects has revealed plans for a capex of ₹100-125 crore for the upcoming year and a ₹1,000 crore equity investment over the current and next financial year. The company targets 11,500 units for the current year and expects growth to be split over two years. More detailed growth guidance will be provided in six months.
15May 25
G R Infraprojects Reports Strong Q4 Performance with 11.5% EBITDA Growth
G R Infraprojects announced Q4 results with EBITDA rising to ₹610.00 crore, up 11.52% YoY. EBITDA margin improved to 26.79% from 22.00%. Despite a slight revenue dip to ₹2,276.00 crore, consolidated net profit increased to ₹403.00 crore QoQ. Profit Before Tax grew 24.55% YoY to ₹482.00 crore. Quarterly performance showed significant improvements with EBITDA up 20.37% and net profit increasing 35.64% compared to the previous quarter.
08May 25
G R Infraprojects Secures ₹2.62 Billion Contract, Bolstering Order Book
G R Infraprojects Limited (GRIL) has been awarded a contract worth ₹2.62 billion (approximately $31.5 million USD). This new contract is expected to enhance the company's order book, potentially boost future revenue, and strengthen its market position. The project details and timeline have not been disclosed. GRIL is known for its integrated Engineering, Procurement, and Construction (EPC) services in the road and highway sector.
06May 25
G R Infraprojects Secures ₹1,257.29 Crore BharatNet Project in Kerala
G R Infraprojects Limited (GRINFRA) has been awarded an Advance Work Order worth ₹1,257.29 crore from BSNL for the BharatNet initiative in Kerala. The project involves designing, constructing, and maintaining the middle mile network for 3 years of execution and 7 years of operation and maintenance. This Design Build Operate and Transfer (DBOT) contract is part of the larger BharatNet initiative to provide broadband connectivity across India.
05May 25
G R Infraprojects Secures ₹1,257.29 Crore BharatNet Project in Kerala
G R Infraprojects Limited (GRINFRA) has been awarded an Advance Work Order worth ₹1,257.29 crore by BSNL for the BharatNet project in Kerala. The contract involves design, supply, construction, installation, upgradation, operation, and maintenance of the middle mile network. The project will be executed under a Design Build Operate and Transfer (DBOT) model with a 3-year execution period followed by 7 years of operation and maintenance.
G R Infraprojects Secures ₹1.06 Billion Award in Arbitration Against Bihar Government
G R Infraprojects Limited has won an arbitration case against the Bihar government, securing an award of ₹106.45 crore plus 12% annual interest. The dispute was related to the construction of a two-lane Bhagalpur Bypass project. The company stated that this award will have no negative impact on its financial position.
19Mar 25
G R Infraprojects Secures ₹4,263.00 Crore NHAI Project
G R Infraprojects Limited has received a Letter of Acceptance from the National Highways Authority of India for a new project valued at ₹4,263 crore. This significant contract is expected to enhance the company's order book, reinforce its market position in the highway construction sector, and provide revenue visibility for the coming years. The project aligns with the government's ongoing efforts to improve India's road infrastructure.
18Mar 25
G R Infraprojects Secures ₹4,262.78 Crore NHAI Project and Declares Interim Dividend
G R Infraprojects Limited (GRIL) has received a Letter of Acceptance from NHAI for a ₹4,262.78 crore highway project. The project involves constructing a 6-lane Agra-Gwalior Greenfield Road and improving the existing Agra-Gwalior section, spanning across Uttar Pradesh, Rajasthan, and Madhya Pradesh. The project will be executed under the DBFOT model with a 910-day completion period. Additionally, GRIL has declared an interim dividend of ₹12.50 per share with March 13 as the record date.
17Mar 25
G R Infraprojects Secures ₹4,263 Crore NHAI Project Bid
G R Infraprojects Ltd. has been selected as the bidder for a ₹4,263 crore project from the National Highways Authority of India (NHAI). This significant contract is expected to boost the company's order book and reinforce its position in the infrastructure sector. The project's value represents a substantial opportunity for the company's growth and financial performance.
13Mar 25
G R Infraprojects Secures Massive ₹4,262.78 Crore NHAI Project for Agra-Gwalior Greenfield Highway
G R Infraprojects Limited has been selected as the bidder for a major NHAI project valued at ₹4,262.78 crore. The project involves constructing the Agra-Gwalior Greenfield Road, a 6-lane access-controlled highway spanning three states. It includes two sections: development of the new highway and overlay/strengthening of an existing section. The project will be executed under the DBFOT pattern at BOT Toll, with a completion period of 910 days.
10Mar 25
G R Infraprojects Announces 100% Stake Divestment and ₹12.50 Interim Dividend
G R Infraprojects has approved the divestment of its 100% stake in subsidiary GGBHPL and declared an interim dividend of ₹12.50 per equity share. The divestment could potentially reshape the company's portfolio, while the dividend demonstrates commitment to shareholder value. Details of the divestment, including financial terms and the buyer's identity, were not disclosed.
07Mar 25
G R Infraprojects Announces Divestment and Declares Generous Interim Dividend
G R Infraprojects Limited (GRINFRA) has announced two major decisions: the divestment of its wholly-owned subsidiary GR Galgalia Bahadurganj Highway Private Limited (GGBHPL) to Indus Infra Trust, and the declaration of an interim dividend of ₹12.50 per equity share. The divestment involves selling 100% equity stake in GGBHPL, which contributed 5.15% to GRINFRA's consolidated income. The transaction is expected to be completed by April 30, 2025. The interim dividend has a record date of March 13, 2025.
27Feb 25
G R Infraprojects to Invest ₹270 Crore in Assam Ropeway Project
G R Infraprojects Limited has signed an MoU with the Assam government for a ₹270 crore ropeway project in Guwahati. The project will connect Sonaram Field to Bhubaneshwari Temple, Kamakhya. The state government will assist in obtaining necessary approvals. The MoU is valid for 12 months with possible extension. This project marks G R Infraprojects' expansion into urban transportation infrastructure and is expected to boost tourism in the region.