GR Infraprojects’ shares fell by 2% following its Q3 FY 2025 results. As of 9:30 AM, the shares were trading 2.50% lower at Rs 1,241.90.
The company reported a 7.8% year-on-year increase in net profit, reaching ₹261.7 crore for the quarter ending December 31, 2024, up from ₹242.7 crore in the same period last year. Despite the profit increase, the company faced a decline in revenue from operations, which fell by 20.6% to ₹1,694.5 crore compared to ₹2,134 crore in Q3 FY 2024.
The operating performance showed a significant drop, with EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) declining 27.1% to ₹369.8 crore, from ₹507.6 crore in the year-ago period. The EBITDA margin also contracted to 21.8% from 23.8%.
In other updates, GR Infraprojects received the Provisional Certificate of Completion (PCOD) for the Ena-Kim Hybrid Annuity Model (HAM) project on November 30, 2024. The company currently has seven operational projects and has made significant asset transfers, including the transfer of the GR Aligarh-Kanpur Highway to Indus Infra Trust in September 2024, and several operational HAM assets during the fiscal year.
GR Infraprojects’ shares opened at ₹1,248.95 and reached a high of ₹1,257.80, with a low of ₹1,200.00 on the latest trading day. The stock’s 52-week high stands at ₹1,860.00, while its 52-week low is ₹1,151.00.
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