GPT Infraprojects delivered solid Q3 & 9M FY26 results!
Consolidated revenue for the nine-month period rose 8% YoY to Rs 875.2 Cr, with profit after tax jumping 17.2% to Rs 65.4 Cr.
Infrastructure business drove 94% of revenue, boosted by ongoing large projects.
Concrete Sleepers also saw good performance.
A strategic game-changer: GPT acquired Alcon Builders & Engineers for ~Rs 154.19 Cr, entering the high-margin railway signaling segment.
This positions GPT to tap into the massive ~INR 1 trillion planned Indian Railways outlay over six years.
The company's robust order book stands strong at Rs 4,415 Cr, providing excellent growth visibility.
Recent wins include significant infrastructure projects: a Rs 470 Cr share in a Mumbai flyover, a Rs 199 Cr railway substructure, and a Rs 341 Cr share in a Jodhpur elevated road.
An interim dividend of Rs 0.75/share was also declared.
Management is bullish on India's infra boom and railway capex, expecting the new signaling unit to be a major profit driver.
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