Net profit of GPT Infraprojects rose 30.50% to Rs 17.63 crore in the quarter ended September 2024 as against Rs 13.51 crore during the previous quarter ended September 2023. Sales rose 23.07% to Rs 287.52 crore in the quarter ended September 2024 as against Rs 233.63 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales287.52233.63 23 OPM %10.7613.47 - PBDT25.7324.19 6 PBT21.5419.80 9 NP17.6313.51 30 Powered by Capital Market - Live

GPT Infraprojects announced that the Board of Directors of the Company at its meeting held on 12 November 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

GPT Infraprojects will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

The first overbridge will be a 3-lane structure with composite and bow string girders, spanning 152 meters. The second will be a 2-lane bridge with similar girders, spanning 114 meters. Both bridges will include approach roads and replace existing level crossings. The bridges would be constructed at between Andul-Sankrail stations and Nalpur-Bauria stations of Howrah-Kharagpur section. The projects will be executed under the supervision of the Deputy Chief Engineer, Construction, Garden Reach, South Eastern Railway. GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions ' infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa. The company's consolidated net profit increased 12.6% to Rs 17.54 crore on 0.8% rise in revenue from operations to Rs 236.22 crore in Q1 FY25 over Q1 FY24. The scrip fell 2.01% to currently trade at Rs 158.55 on the BSE. Powered by Capital Market - Live

GPT Infraprojects has received an contract of Rs 204 crore for Construction of Road Over Bridge (3 lane) with bridge proper (1x30m Composite Girder +1x60m Bow String Girder + 1x30m Composite Girder) and Bridge Approaches (17x24.6mPSC Girder + 3x20.6m PSC Girder) at Km: 15/22-24 in lieu of LC No. 13 between Andul-Sankrail Station and construction of Road Over Bridge (2 lane) with Bridge proper (1x18mComposite Girder + 1x60m Bow String Girder + 1x36m Composite Girder) and Bridge Approaches (18x25.36m PSC Girder + 2x10.0m RCC slab) at Km: 23/17-19 In Lieu of L.C No. 18 between NalpurBauria Stations of Howrah-Kharagpur section under the jurisdictionof Dy CE/Con/Garden Reach, South Eastern Railway, Kolkata. Powered by Capital Market - Live

The project includes construction of road over bridge (3 lane) with bridge proper and bridge approaches between Andul-Sankrail station and construction of road over bridge (2 lane) with bridge proper and bridge approaches between Nalpur-Bauria Stations of Howrah-Kharagpur section under the jurisdiction of Dy CE/Con/Garden Reach, S. E. Railway. GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions ' infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa. The company's consolidated net profit increased 12.6% to Rs 17.54 crore on 0.8% rise in revenue from operations to Rs 236.22 crore in Q1 FY25 over Q1 FY24.Powered by Capital Market - Live

The project includes construction of road over bridge (3 lane) with bridge proper and bridge approaches between Andul-Sankrail station and construction of road over bridge (2 lane) with bridge proper and bridge approaches between Nalpur-Bauria Stations of Howrah-Kharagpur section under the jurisdiction of Dy CE/Con/Garden Reach, S. E. Railway. GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions ' infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa. The company's consolidated net profit increased 12.6% to Rs 17.54 crore on 0.8% rise in revenue from operations to Rs 236.22 crore in Q1 FY25 over Q1 FY24. Shares of GPT Infraprojects slipped 1.09% to end at Rs 177.20 on Friday, 30 August 2024. Powered by Capital Market - Live

GPT Infraprojects has been declared L1 (First Lowest) in order valued at Rs 204 Crore on 30 August 2024. The order details are as follows: Name of the client: CAO Construction, South Eastern Railway Kolkata Nature of contract: Construction of Road Over Bridge (3 lane) with bridge proper (1x30m Composite Girder +1x60m Bow String Girder + 1x30m Composite Girder) and Bridge Approaches (17x24.6mPSC Girder + 3x20.6m PSC Girder) at Km: 15/22-24 in lieu of LC No. 13 between Andul-Sankrail Station and construction of Road Over Bridge (2 lane) with Bridge proper (1x18mComposite Girder + 1x60m Bow String Girder + 1x36m Composite Girder) and Bridge Approaches (18x25.36m PSC Girder + 2x10.0m RCC slab) at Km: 23/17-19 In Lieu of L.C No. 18 between Nalpur-Bauria Stations of Howrah-Kharagpur section under the jurisdictionof Dy CE/Con/Garden Reach, S. E. Railway. Powered by Capital Market - Live

The company's board authorized and declared the opening of the issue on Monday, 26 August 2024. The floor price of Rs 183.83 is almost similar to the previous day's closing price of Rs 183.80 on the BSE. The company stated that it may offer a discount of not more than 5% on the floor price so calculated for the issue. GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions ' infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for Railways in India and Africa. The company's consolidated net profit increased 26.8% to Rs 16.79 crore on 2.5% rise in revenue from operations to Rs 241.73 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live

The domestic equity benchmarks traded with minor losses in early trade. The Nifty traded below the 25,000 level. Private bank, financial services and bank shares declined while media, healthcare and consumer durables stocks advanced. At 09:30 IST, the barometer index, the S&P BSE Sensex was down 46.19 points or 0.06% to 81,637.57. The Nifty 50 index lost 20.45 points or 0.08% to 24,990.15. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.10% and the S&P BSE Small-Cap index gained 0.36%. The market breadth was strong. On the BSE, 1,894 shares rose and 1,093 shares fell. A total of 129 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 483.36 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,870.22 crore in the Indian equity market on 26 August 2024, provisional data showed. Stocks in Spotlight: PI Industries shed 0.10%. The company informed that its board has appointed Sanjay Agarwal as group chief financial officer (CFO) with effect from 26 August 2024, following retirement of Manikantan Vishwanathan (CFO) of the company. GPT Infraprojects rallied 4.46% after the company launched qualified institutional placement (QIP), setting floor price at Rs 183.83 per share. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 1.82% to 6.976 as compared with previous close 6.968. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 83.9400, compared with its close of 83.8750 during the previous trading session. MCX Gold futures for 5 September 2024 settlement fell 0.27% to Rs 71,310. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.04% to 100.89. The United States 10-year bond yield grew 0.26% to 3.827. In the commodities market, Brent crude for October 2024 settlement shed 18 cents or 0.22% to $81.25 a barrel. Global Markets: Most Asian stocks declined on Tuesday, driven by rising tensions in the Middle East and concerns over global supply chains. The exchange of fire between Israel and Lebanon's Hezbollah on Sunday heightened geopolitical risks, leading investors to seek safer assets. Additionally, Canada's imposition of tariffs on Chinese electric vehicles, steel, and aluminum, mirroring similar moves by the United States and European Union, further dampened sentiment. Investors are closely watching Nvidia's earnings report for insights into AI-related investments. In the U.S., the Dow Jones Industrial Average reached a new high on Monday, recovering from a recent sell-off. However, the S&P 500 and Nasdaq Composite declined. A shift from technology stocks to other sectors was evident. Market participants are now focused on the upcoming release of the U.S. personal consumption expenditure price index (PCE) on Friday and the August payrolls report next week. Federal Reserve Chair Jerome Powell's speech on Friday signaled an imminent start to interest rate cuts, with markets fully pricing in a 25-basis-point reduction in September. Expectations for further easing in the coming months have also increased. Powered by Capital Market - Live