Net profit of H.G. Infra Engineering rose 40.80% to Rs 54.32 crore in the quarter ended March 2020 as against Rs 38.58 crore during the previous quarter ended March 2019. Sales rose 8.56% to Rs 634.12 crore in the quarter ended March 2020 as against Rs 584.11 crore during the previous quarter ended March 2019.

For the full year,net profit rose 30.84% to Rs 166.61 crore in the year ended March 2020 as against Rs 127.34 crore during the previous year ended March 2019. Sales rose 10.06% to Rs 2217.07 crore in the year ended March 2020 as against Rs 2014.50 crore during the previous year ended March 2019.

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H.G Infra Engg. will hold a meeting of the Board of Directors of the Company on 24 June 2020.

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H.G. Infra Engineering announced that it has received the Provisional Certificate of Completion for the project Upgradation of 2 lane with paved Shoulder for Section from kin. 58.00 to kin. 91.600 excluding chainage (59.460 to 62.900), (73.120 to 75.920), (82.650 to 85.300) Balotra to Sanderao via Jalore section of NH-325 on EPC Mode in the State of Rajasthan (Job no. NH-325mJ/2016-17/677) Package-II.

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H.G. Infra Engineering has incorporated a wholly owned subsidiary company H.G. Rewari Bypass on 01 May 2020, as Special Purpose Vehicle, to undertake the project for construction of proposed Rewari Bypass (NH-11) as feeder route in Rewari district in the state of Haryana (Design length -14.40 KM) on Hybrid Annuity Mode (HAM).

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