GPT Infraprojects hits on roof on Rs 173 crore order win

13 Sep 2022 , 03:22 PM

The contact involves doubling of railway track between Ludhiana and Kila Raipur (17.174 Km) including 25 kV high rise OHE railway electrification and signaling & telecommunication works on engineering procurement & construction (EPC) mode. The company said that the said contract has been bagged by its joint venture firm, wherein the share of GPT Infraprojects is 51%. GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions ? infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa. The companys consolidated net profit rose 74.61% to Rs 7.91 crore on a 54.62% increase in sales to Rs 187.91 crore in Q1 FY23 over Q1 FY22. Powered by Capital Market – Live News