HG Infra Wins Rs 2.74 Billion DLF Road Project

21 Nov 2025 CW Team

HG Infra Engineering has secured an order worth Rs 2.74 billion from DLF Cyber City Developers for the development of access road infrastructure. The project covers the construction of full access roads for DLF Downtown, Phase 2, Sector 25A, Gurugram, and carries a completion timeline of 548 days. The contract has been awarded on an Item Rate/BOQ (bill of quantities) basis, with GST and Labour Cess to be levied additionally.

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.

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