G R Infraprojects Q4 Net Profit Falls 27% YoY to ₹403 Crore

16 May 2025 , 10:28 AM

Shares price of G R Infraproject has witnessed a 4% gain today following the release of the company’s Q4 results. G R Infraprojects Ltd. reported a 27% quarter-on-quarter decline in net profit for the period ended March 31, 2025, with profit down to ₹403 crore from ₹553 crore in the same quarter last year.

The company’s revenue from operations dipped 8.5% YoY and was at ₹2,275 crore, lower than ₹2,485 crore posted in Q4 FY24. GR Infraprojects, as of March 31, 2025, held an order book of ₹19,179.9 crore, indicating high visibility of execution for the next quarters.

Additionally, the company has emerged as the lowest bidder (L1) for four major projects with a total of ₹5,166.34 crore. These are:

• Two road infrastructure contracts
• One railway order
• One optical fibre cable (OFC) order

After converting these L1 offers into firm orders, the company’s total order book will rise to ₹24,346.24 crore, further establishing its leadership position in the infrastructure and EPC sector.

During Q4 FY25, GR Infraprojects concluded the monetization of seven operating Hybrid Annuity Model (HAM) assets to Indus Infra Trust, further leveraging its asset pool.

The company also achieved Provisional Commercial Operations Date (PCOD) for two significant HAM projects during the quarter:

• Ena–Kim HAM project – Achieved PCOD on November 30, 2024
• Ujjain–Badnawar HAM project – Achieved PCOD on January 3, 2025

Among the transferred HAM assets:

• GR Galgalia Bahadurganj Private Limited was transferred on March 27, 2025
• GR Aligarh Kanpur Highway Private Limited was transferred earlier on September 16, 2024

These operating highlights demonstrate the company’s continued focus on project execution, monetization of its assets, and balance sheet strengthening through discretionary HAM transfers.