GR Infraprojects Gets Letter Of Intent For Bijapur Rez Transmission Project

G R Infraprojects Limited is a prominent player in India’s infrastructure sector, focusing on road construction and civil engineering. Founded in 1995 and based in Ahmedabad, Gujarat, the company employs approximately 13,000 individuals. Its key areas of operation include road construction, railway EPC, tunnel projects, and the production of materials such as bitumen emulsions.

G R Infraprojects Limited Secured Project In Karnataka

G R Infraprojects Limited firm secured a notable transmission infrastructure project in Karnataka, which signifies a strategic move into the renewable energy sector. The letter of intent indicates an exciting opportunity in power transmission, aimed at enhancing renewable energy zones through innovative grid infrastructure solutions.

G R Infraprojects Limited has received a Letter of Intent from PFC Consulting Limited for the Bijapur REZ Transmission Scheme in Karnataka. This undertaking involves the construction of a 400/220 kV pooling station, transmission lines, and reactors, with a contract value of ₹107.7 crore per annum and a construction timeline of 24 months.

G R Infraprojects Limited Q2 FY25 Results

G R Infraprojects has reported a 26% year-on-year decline in consolidated revenue from operations, dropping from ₹1,883 crore in Q2 FY24 to ₹1,394 crore in Q2 FY25. Furthermore, there has been a 31.3% decrease quarter-on-quarter from ₹2,030 crore in Q4 FY24. 

The company’s consolidated net profit has also fallen by 10.6%, from ₹217 crore in Q2 FY24 to ₹194 crore in Q2 FY25. However, compared to the last quarter of 2025, there has been a quarter-on-quarter increase in net profit of 24.3%, rising from ₹156 crore.

Market Growth Prospective

The infrastructure sector in India is experiencing significant growth, with planned investments amounting to USD 1.4 trillion by 2025. The National Infrastructure Pipeline (NIP) is designed to enhance several subsectors, including energy, roads, railways, and urban development.

Performance of G R Infraprojects Limited Shares 

At 2:15 PM on December 13, 2024, G R Infraprojects Limited’s share price was ₹1,585.00 on the NSE. The stock’s 52-week peak is ₹1,860.00, and it has seen an increase of over 1% today.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.