H.G Infra Engg. will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

H.G. Infra Engineering has been declared as qualified bidder by the NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh out of the project of tariff-based setting up of 500 MW/1000 MWh standalone battery energy storage systems in India with viability gap funding support as per the terms and conditions of the Request for Selection (RfS). Powered by Capital Market - Live

The project entails construction of new broad gauge line between Dhule Borvihir to Nardana section of Central Railway on engineering, procurement & construction (EPC mode). The bid project cost stood at Rs 716.11 crore and the project is expected to be completed within 30 months. H G Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES). The company's consolidated net profit increased 8.1% to Rs 162.57 crore on 13.1% rise in net sales to Rs 1,528.04 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live

The contract involves up-gradation of existing 6 lane road of 10.630 km stretch of National Highway 47 (NH-47) from Narol to Sarkhej junctions in Gujarat on Hybrid annuity mode (HAM). The project is worth Rs 781.11 crore and it is expected to be completed within a 2.5 years construction period. In 20 August 2024, the company has been declared as L-l bidder by the ministry of road transport and highways for the above road upgrade project in Gujarat. H G Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES). The company's consolidated net profit increased 8.1% to Rs 162.57 crore in Q1 FY25 as compared with Rs 150.39 crore in Q1 FY24. Net sales jumped 13.1% YoY to Rs 1,528.04 crore in Q1 FY25Powered by Capital Market - Live

H.G. Infra Engineering has been declared as L-l bidder by the Ministry of Road Transport and Highways (MoRTH) for project entailing up-gradation of existing 6 Lane road including elevated corridor as per site requirements from km 0/00 to km 10/170 of NH 47 (Narol Junction to Sarkhej Junction) in the State of Gujarat on Hybrid Annuity Mode. The company's bid project cost is Rs 781.11 crore. Powered by Capital Market - Live

Net profit of H.G. Infra Engineering rose 8.10% to Rs 162.57 crore in the quarter ended June 2024 as against Rs 150.39 crore during the previous quarter ended June 2023. Sales rose 13.09% to Rs 1528.04 crore in the quarter ended June 2024 as against Rs 1351.16 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1528.041351.16 13 OPM %20.4420.78 - PBDT259.54234.00 11 PBT224.76202.94 11 NP162.57150.39 8 Powered by Capital Market - Live

H.G Infra Engg. will hold a meeting of the Board of Directors of the Company on 5 August 2024.Powered by Capital Market - Live

H.G. Infra Engineering has been declared as L-1 bidder by the Ministry of Road Transport and Highways (MORTH) for the project involving Improvement and up-gradation in two lane with paved shoulders configuration of newly declared NH227B Bahuvan Madar Majha to Jagarnathpur (Design Km 160.200 to Km 224.040) '84 Kosi Parikrama Marg' in the State of Uttar Pradesh on Hybrid Annuity Mode Package VI. The company bid project cost is Rs 763.11 crore. Powered by Capital Market - Live

The scope of the project involves Improvement and up-gradation in two lane with paved shoulders configuration of newly declared NH 227B Bahuvan Madar Majha to Jagarnathpur (Design Km 160.200 to Km 224.040) '84 Kosi Parikrama Marg' in the State of Uttar Pradesh on Hybrid Annuity Mode Package VI. The project involves improving and upgrading a 2-lane stretch of NH-1227B, known as the 84 Kosi Parikrama Marg, from Bahuvan Madar Majha to Jagarnathpur in Uttar Pradesh. This project will be executed under the hybrid annuity mode (HAM). The construction period for this project is 2 years. MORTH's estimated project cost was Rs 898.5 crore while HG Infra's project bid cost was Rs 763.11 crore. H G Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES). The company's consolidated net profit jumped 11.2% to Rs 190.03 crore in Q4 FY24 as compared with Rs 170.93 crore in Q4 FY23. Revenue from operations increased 11.3% YoY to Rs 1,708.26 crore in Q4 FY24. Powered by Capital Market - Live