G R Infraprojects Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

On segmental revenue basis, revenue from build, operate and transfer (BOT)/ annuity projects decrease by 30.72% YoY to Rs 981.50 crore while revenue from engineering, procurement and construction declined 6.31% YoY to Rs 326.09 crore in second quarter of FY25.

Profit before exceptional items and tax slumped 14.75% YoY to Rs 244.73 crore in September 2024 quarter. The company reported an exceptional loss of Rs 15.27 crore during the quarter.

Total expense declined 24.99% to Rs 1,216.69 crore in Q2 FY25 over Q2 FY24. Cost of material stood at Rs 48.71 crore (down 46.34% YoY), construction expense was at Rs 799.06 crore (down 29.2% YoY), finance cost was at Rs 112.33 crore (down 22.34% YoY) while employee benefit expense stood at Rs 145.48 crore (down 10.5% YoY).

EBITDA declined 24.41% to Rs 353.03 crore in Q2 FY25 as compared with Rs 467.06 crore in corresponding quarter last year. EBITDA margin stood at 25.32% in Q2 FY25 as against Rs 24.81% in Q2 FY24.

The company's operating margin for Q2 FY25 was 25.32%, compared to 24.81% in Q2 FY24.

Meanwhile, the company’s board acquired 100% of the equity share capital of Bijapur REZ Transmission, a wholly owned subsidiary formed by PFC Consulting.

The company stated that the acquisition of Bijapur REZ Transmission is necessary to undertake the transmission project for the establishment of a 400/220 kV pooling station and associated infrastructure near Bijapur, Karnataka, as part of its successful bid for the project.

GR Infraprojects is engaged in construction of infrastructure facilities on engineering, procurement and construction (EPC) and built, operate and transfer (BOT) basis.

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Net profit of G R Infraprojects declined 11.00% to Rs 193.28 crore in the quarter ended September 2024 as against Rs 217.16 crore during the previous quarter ended September 2023. Sales declined 25.94% to Rs 1394.33 crore in the quarter ended September 2024 as against Rs 1882.78 crore during the previous quarter ended September 2023.

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GR Infraprojects will hold a meeting of the Board of Directors of the Company on 7 November 2024

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The said project involves the construction of an access-controlled Pune Ring Road in Pune district, specifically Package PRR W5. This segment will run from village Kalyan/Rathwade to village Shivare/Kusgaon, covering a total length of 9.341 km in the Haveli/Bhor region of Maharashtra.

The company has negotiated contract price from the earlier offer bid price of Rs 1,997.07 crore to Rs 1,885.63 crore.

The project will be execute on EPC mode within a period of 36 months from the date of appointment.

GR Infraprojects is engaged in construction of infrastructure facilities on engineering, procurement and construction (EPC) and built, operate and transfer (BOT) basis.

The company's consolidated net profit tumbled 49.83% to Rs 155.45 crore in Q1 FY25 as compared to Rs 309.84 crore recorded in corresponding quarter previous year. Revenue from operations fell 18.07% year on year (YoY) to Rs 2,030.30 crore in the quarter ended 30 June 2024.

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