GR Infraprojects Share Price Plunge 3% After Revenue Decline to ₹1,694.5 crore in Q3 FY25

GR Infraprojects reported a year-on-year (YoY) increase in net profit, reaching ₹261.7 crore for the third quarter ending December 31, 2024. In the corresponding quarter of the previous fiscal, the company had posted a net profit of ₹242.7 crore, according to a regulatory filing on Saturday (February 1).

However, the company’s revenue from operations declined to ₹1,694.5 crore from ₹2,134 crore in the same period last year. At the operating level, EBITDA dropped to ₹369.8 crore in Q3 FY25 compared to ₹507.6 crore in Q3 FY24.

EBITDA Margins and Financial Performance

The EBITDA margin stood at 21.8% in the reporting quarter, down from 23.8% in the corresponding quarter of the previous fiscal. EBITDA represents earnings before interest, tax, depreciation, and amortisation.

Key Project Updates

On November 30, 2024, GR Infraprojects announced that it had received the Provisional Certificate of Completion (PCOD) for the Ena-Kim HAM (Hybrid Annuity Model) project.

Asset Transfers and Expansions

GR Infraprojects currently has a total of seven operational projects. Regarding asset transfers, the company transferred GR Aligarh-Kanpur Highway Private Ltd to Indus Infra Trust on September 17, 2024.

Additionally, in Q2 FY25, GR Infraprojects transferred one operational HAM asset to Indus Infra Trust. Furthermore, in Q4 FY24, the company successfully transferred seven operational HAM assets to Indus Infra Trust, marking significant progress in its asset portfolio management.

Stock Performance

On February 03, 2025, GR Infraprojects share price traded 2.73% lower at ₹1,241.90 at 9:32 AM (IST). GR Infraprojects’s share price reached a 52-week high of ₹1,859.95 on June 26, 2024, and a 52-week low of ₹1,168.79 on February 22, 2025. As per BSE, the total traded volume for the stock stood at 1207 shares with a turnover of ₹14.97 lakhs.

At the current price, GR Infraprojects shares are trading at a price-to-earnings (P/E) ratio of 28.97x, based on its trailing 12-month earnings per share (EPS) of ₹13.01, and a price-to-book (P/B) ratio of 2.26, according to exchange data.

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