HG Infra Wins Rs 2.74 Billion DLF Road Project
In line with SEBI regulations, the company stated that the project is domestic in nature and involves no related-party transactions.
HG Infra announced its Q2 FY26 results on 7 November, reporting a net profit of Rs 520 million compared with Rs 807 million in Q2 FY25. Revenue from operations remained largely unchanged at Rs 9.05 billion, versus Rs 9.02 billion in the same quarter last year. However, EBITDA declined 6.1 per cent year-on-year to Rs 2.06 billion from Rs 2.20 billion in Q2 FY25.
The company’s share price fell nearly 1 per cent in intraday trade, and has declined 3 per cent over the past five sessions.