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The project involves the construction of a 26.7-km long bypass and is valued at ₹290.23 crore. The work is to be executed on an EPC basis, with a completion timeline of 24 months. Shares of GR Infraprojects Ltd ended at ₹1,274.80, up by ₹14.85 or 1.18%, on the BSE today (July 24).
Infrastructure company GR Infraprojects Limited on Thursday (July 24) said it has emerged as the lowest (L-1) bidder for the engineering, procurement and construction (EPC) contract for the construction of the Giridih Bypass (towards Tundi) road in Jharkhand.
The financial bids were opened on July 24, 2025, and the company secured the position of L-1 bidder for the project tendered by the State Highways Authority of Jharkhand.
The project involves the construction of a 26.672-km long bypass and is valued at ₹290.23 crore. The work is to be executed on an EPC basis, with a completion timeline of 24 months from the appointed date.
Fourth quarter results
GR Infraprojects reported a 27% year-on-year (YoY) decline in net profit at ₹403 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, the company posted a net profit of ₹553 crore. Revenue from operations fell 8.5% to ₹2,275 crore against ₹2,485 crore a year ago.
Orderbook
GR Infraprojects reported an orderbook of ₹19,179.9 crore as of March 31, 2025. The company was declared L1 (lowest bidder) for four orders — two road projects, one railway and one optical fibre cable (OFC) project — collectively worth ₹5,166.34 crore. If these are included, the total orderbook would rise to ₹24,346.24 crore.
During Q4FY24, GR Infraprojects completed the transfer of seven operational hybrid annuity model (HAM) assets to Indus Infra Trust. The company also achieved provisional commercial operations date (PCOD) for two HAM projects: the Ena-Kim project on November 30, 2024, and the Ujjain–Badnawar project on January 3, 2025.
Shares of GR Infraprojects Ltd ended at ₹1,274.80, up by ₹14.85, or 1.18%, on the BSE.
(Edited by : Shoma Bhattacharjee)
