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Informist, Friday, Aug. 7, 2026

By Shruti Nair and Rajesh Gajra

MUMBAI – G R Infraprojects Ltd. is cautious about sustaining the high growth seen in its revenues for the June quarter throughout the financial year 2026-27 (Apr-Jun), the company said in its post-earnings call with analysts Friday. The management is wary about delays in project approvals and monsoon-related challenges in the second half of FY27.

For FY27, management anticipates its standalone revenues to grow 15–20%. For Apr-Jun, the company reported a 40% on-year growth in its consolidated revenues to INR 27.84 billion. Growth in the June quarter was on the back of traction in the transport, power transmission and distribution, and oil and gas verticals, a senior official said.

DIVERSIFICATION GOALS

G R Infraprojects said the oil and gas segment contributed INR 2.7 billion to the company's top line in the June quarter. The sector, along with the power transmission segment, are relatively new areas of focus for the traditionally transportation-focused company. For FY27, the company is targetting revenues of INR 10 billion from the oil and gas segment, the company said. It also attributed growth in its external trade receivables in the June quarter to the segment. The company will start realising these receivables from October. Further, the company shared that there are two projects currently underway in the oil and gas segment and that it will be undertaking more projects through its subsidiary. One of the two ongoing projects is expected to be completed by May, a senior official said.

The company also shared its intention to diversify its capital deployment. For FY27, the company plans a capital expenditure of INR 3 billion. Management is targeting the power transmission and logistics verticals in hopes of generating favourable revenues. The company said the surge in metal prices had impacted its margins from the power transmission segment in the June quarter. For Apr-Jun, the company's consolidated earnings before interest, tax, depreciation, and amortisation margin contracted to 16.80% from 20.03% in the year-ago period.

Further, the company underscored that while it is seeking to diversify, it remains watchful of opportunities for growth in its build, operate, and transfer segment. The segment accounted for nearly INR 17.13 billion or 62% of the company's total consolidated revenues for the June quarter. For FY27, the company is targetting an order inflow of INR 140 billion from road projects while expecting sustained competition in the highways sub-sector.

For the June quarter, G R Infraprojects reported a 46% on-year jump in its consolidated net profit to INR 3.57 billion. The company detailed its June quarter earnings after market hours Thursday. Friday, shares of the company closed at INR 873.15 on the National Stock Exchange, 2% lower than Thursday.  End

Edited by Shubhayan Bhattacharya

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