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GR Infraprojects Ltd Q2FY24; 35% fall in Profits

Incorporated in the year 1995, G R Infraprojects Ltd is an integrated road Engineering, Procurement, Construction company (EPC) with experience in the design and construction of various road/highway projects across 15 States in India. It mainly undertakes civil construction projects under the EPC and BOT (Build Operate Transfer) basis in the road sector.

Financial Results:

  • GR Infraprojects Ltd reported Revenues for Q2FY24 of ₹1,883.00 Crores down from ₹2,136.00 Crore year on year, a fall of 11.84%.
  • Total Expenses for Q2FY24 of ₹1,623.00 Crores down from ₹1,705.00 Crores year on year, a fall of 4.81%.
  • Consolidated Net Profit of ₹217.00 Crores down 35.42% from ₹336.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹22.46, down 35.40% from ₹34.77 in the same quarter of the previous year.

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