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Advait Infratech Received a Letter of Intent From Gujarat Urja Vikas Nigam

Updated on: Jan 9, 2025, 4:42 PM IST
Advait Infratech receives an order from Gujarat Energy Transmission Corporation on January 8, 2025.
Advait Infratech Received a Letter of Intent From Gujarat Urja Vikas Nigam
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Advait Infratech Limited, based in Ahmedabad, India, specializes in providing products and solutions for power transmission, substations, and telecommunication infrastructure. The company operates across various verticals, including turnkey telecommunication projects and the installation of power transmission, substation, and telecom products. 

Order From GETCO

Advait Infratech Limited, a leading player in the infrastructure sector, has announced a significant order win from Gujarat Energy Transmission Corporation (GETCO).

The order pertains to the supply, installation, testing, and commissioning of the conversion of transmission lines with DOG Conductor into equivalent HTLS (High-Temperature Low Sag) Conductor. This project is designed to enhance the ampacity of existing transmission lines without increasing their physical footprint, a critical requirement for modern power transmission networks.

Everything About Project

  1. 66KV Dhrangadhra (220KV) – Dhrangadhra Line
  2. 66KV Viramgam – KANZ Line

The work will be carried out in GETCO’s Surendranagar Circle. The HTLS Conductor being deployed is engineered to match the weight of the traditional DOG Conductor while offering superior current-carrying capacity. This ensures minimal structural modifications and optimised costs, making it a sustainable and efficient solution for power transmission.

The order, dated January 6, 2025, underscores Advait Infratech’s growing prominence in the field of high-performance conductors and its ability to deliver on large-scale, high-value projects.

Advait Infratech’s Q2 FY25 Results

Advait Infratech delivered robust Q2 FY25 results, with revenue rising 18% year-on-year (YoY) to ₹112 crore and net profit increasing 22% YoY to ₹17 crore, driven by strong order inflows, operational efficiencies, and a focus on high-margin projects. 

The EBITDA margin improved to 18.5% from 17.8% YoY, reflecting effective cost management. With unexecuted orders exceeding ₹500 crore and a healthy debt-to-equity ratio of 0.6, the company showcases strong growth potential and prudent financial management.

Share Price Performance 

At 13:11 PM, Advait Infratech Ltd. traded at ₹1534.85 per share on the BSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 9, 2025, 4:42 PM IST

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