HG Infra Engineering Ltd has been actively involved in different construction works in India, including mainly road and highway development, construction of bridges, runway work, and land-based infrastructure construction.
The EBITDA margin was stable at 22.3% and did not change much from the year-ago period.
The company also said that its revenue outside Karnataka witnessed 8% growth on a year-on-year basis.
The company informed the bourses that the project is slated to be completed within a period of 20 months. This shall exclude the monsoon period.
The company's EBITDA at ₹137 crore registered 32% YoY expansion against ₹104 crore reported for Q3FY24.
December 2024 may have been a freak month of buying, but FPIs were back to aggressive sell-mode in January 2025
The company’s operating EBITDA grew 16.5% to ₹29 Crore in Q3FY25. In Q3FY24, the company’s EBITDA was reported at ₹25 Crore.
Under this agreement, Azad Engineering will manufacture highly complex, precision-machined components at its Indian facility for the entire lifecycle of Rolls-Royce's engine program.
Bajaj Finance is the only stock that hit a 52-week high in both Sensex and in Nifty
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