GPT Infraprojects Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Net profit of GPT Infraprojects rose 30.50% to Rs 17.63 crore in the quarter ended September 2024 as against Rs 13.51 crore during the previous quarter ended September 2023. Sales rose 23.07% to Rs 287.52 crore in the quarter ended September 2024 as against Rs 233.63 crore during the previous quarter ended September 2023.

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GPT Infraprojects announced that the Board of Directors of the Company at its meeting held on 12 November 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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GPT Infraprojects will hold a meeting of the Board of Directors of the Company on 12 November 2024

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The first overbridge will be a 3-lane structure with composite and bow string girders, spanning 152 meters. The second will be a 2-lane bridge with similar girders, spanning 114 meters.

Both bridges will include approach roads and replace existing level crossings. The bridges would be constructed at between Andul-Sankrail stations and Nalpur-Bauria stations of Howrah-Kharagpur section.

The projects will be executed under the supervision of the Deputy Chief Engineer, Construction, Garden Reach, South Eastern Railway.

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 increased 12.6% to Rs 17.54 crore on 0.8% rise in revenue from operations to Rs 236.22 crore in Q1 FY25 over Q1 FY24.

The scrip fell 2.01% to currently trade at Rs 158.55 on the BSE.

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