Samyag

Corporate Actions

Back

G R Infraprojects wins Rs 1,454-cr NHAI contract for highway upgrade in Gujarat

31-Mar-26 09:02 Hrs IST

The project involves upgrading an existing two-lane carriageway into a four-lane divided highway along a 60.21 km stretch of NH-56 in Gujarat. The section runs from Nasarpore Village in Umarpada Taluka to Malotha Village in Vyara Taluka. The contract has been awarded under the Hybrid Annuity Mode (HAM) model (Package VI).

The company stated that the project is to be completed within 910 days from the appointed date.

The company clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. It also stated that the contract does not qualify as a related-party transaction under applicable regulatory norms.

G R Infraprojects is engaged in the construction of infrastructure facilities on an engineering, procurement, and construction (EPC) and build, operate, and transfer (BOT) basis.

The company's standalone net profit jumped 37.70% to Rs 232.15 crore in Q3 FY26 as against Rs 168.59 crore in Q3 FY25. Revenue from operations rose 35.91% YoY to Rs 2,039.49 crore in the quarter ended 31 December 2025.

The scrip shed 0.84% to end at Rs 799.15 on the BSE.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.