G R Infraprojects envisages order book of Rs 250 bn by FY23

06 Jul 2022 CW Team

G R Infraprojects is expecting an orderbook of Rs 250 billion by FY23 due to a pick-up in government expenditure in infrastructure segment and rise road construction activities, according to Swadesh Anand Rathi, CFO. Rathi told ET Now that new work orders are expected to increase from Rs 90 billion to Rs 150 billion for FY23.

NHAI orders constitute 88% of the company’s order book, while almost 70% of the total order book is from HAM (Hybrid Annuity Model) projects. In the first quarter of the financial year 2023 the company executed the Rs 13.68 billion HAM project on the Delhi-Vadodra Expressway and the Rs 15.77 billion project in Andhra Pradesh.Rathi stated that GR Infraprojects is a pan India player but has less exposure in the Southern markets.

The company's margins have been impacted over the last 3-4 years, with margins falling from 21.8% to 17.6% due to the higher cost of raw materials. However, Rathi said margins have been impacted as order book has moved from HAM project to EPC, which has less margins as compared to the former. Input prices are expected to cool off from Q3FY23 onwards.

Also read:
Hazoor Multi Projects bags Nagpur-Mumbai expressway order
NHAI told to speed up repair of Bengaluru-Mangaluru highway

Infrastructure Urban

28 Oct 2025

GST Bachat Utsav Showcases Nationwide Relief and Growth Momentum

Union Ministers Nirmala Sitharaman, Piyush Goyal, and Ashwini Vaishnaw jointly addressed a press conference in New Delhi on the GST Bachat Utsav, underscoring the far-reaching benefits of the Next-Generation GST reforms implemented ahead of Diwali.Finance Minister Nirmala Sitharaman announced that the revised GST rates—effective from the first day of Navratri—have simplified compliance by reducing slabs from four to two and ensuring greater benefits to consumers. The Finance Ministry is closely tracking 54 essential items to confirm that the lower tax rates are being passed on fully to end..

Indian Railways Operates 12,000 Special Trains for Festive Rush

Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw, reviewed passenger movement at the Railway Board War Room and appreciated staff for their round-the-clock efforts during the festive season. He extended Diwali greetings to railway personnel across the country.To meet the surge in travel demand during Puja, Diwali, and Chhath, Indian Railways has deployed 12,011 special trains—up from 7,724 last year—ensuring smooth and comfortable travel for passengers nationwide. Between 1 and 19 October 2025, 3,960 special..

TRAI Evaluates Mobile Network Quality Across Assam Districts

The Telecom Regulatory Authority of India (TRAI) has released its Independent Drive Test (IDT) report for the Assam Licensed Service Area, evaluating network performance across Silchar city and Hailakandi and Karimganj districts. Conducted between 18 and 22 August 2025, the tests covered 284 km of city routes, 10 hotspot locations, and 2.4 km of walk tests.The assessment, supervised by the TRAI Regional Office, Kolkata, examined real-world service quality across 2G, 3G, 4G, and 5G technologies in both urban and rural zones. Key parameters included call setup success rate, drop call rate, laten..