Mumbai, April 4 -- Shares of GPT Infraprojects surged 6.53% to Rs 128.05 after the company announced securing a Rs 4.81 Bn contract from CAO Construction, South Eastern Railway, for a significant infrastructure project.
The order includes the construction of Bridge No. 57 over the river Rupnarayan, comprising 2x30.5m OWG, 7x91.4m OWG, and 2x30.5m OWG, along with viaducts on both approaches-11x30.5m and 15x30.5m composite girders.
As part of the project, GPT Infra will also build the Kolaghat Station on elevated Platforms 1 and 2, situated on a diverted alignment of the Howrah-Kharagpur route in the Kharagpur Division. The project will be implemented under the Engineering, Procurement & Construction (EPC) model.
GPT Infraprojects, the flagship of the GPT Group, is a Kolkata-based infrastructure major operating in two core segments: infrastructure and concrete sleepers. The company specialises in executing large-scale civil projects, particularly bridges and road-over-bridges (ROBs) for the Indian Railways. Its sleeper division manufactures and supplies concrete railway sleepers for both domestic and African markets.
The company recently reported a 43.7% jump in consolidated net profit to Rs 214.2 million for Q3 FY25, with revenues rising 9.6% year-on-year to Rs 2.78 billion, reflecting strong operational momentum.
Published by HT Digital Content Services with permission from Construction World.