GR Infrastructure secures a new Rs 1,897 crore rail project with West Central Railway for a railway link in Madhya Pradesh. Despite a 38% increase in Q3 FY2026 net profit to Rs 232.2 crore, GR Infra's shares have declined by 31% over the past six months.
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G R Infra has won an INR 1897 crore contract for the construction of the Bahari-Gondawali railway line. The project encompasses building bridges, tunnels, stations, and tracks, with a 2.5-year completion timeline.
GR Infrastructure has secured a Rs 413 crore contract from NTPC for the construction of a battery energy storage system (BESS) at Mouda plant, with an estimated completion timeline of 15 months. This follows GR Infra's Q3 FY26 net profit growth of 37.7% YoY, while NTPC reported a 8.3% increase in profit during the same period, despite a minor drop (0.39%) in its stock price.
GR Infraprojects Ltd has won a new contract worth approximately $200 million, strengthening their project portfolio significantly.
G R InfraProjects has been awarded an EPC contract by NTPC for installing battery systems at the Mouda Super Thermal Power Station, marking a 15-month project commencement.
GR Infra has clinched the position as the lowest bidder for a ₹14.5B project, indicating a promising opportunity for a significant undertaking ahead.