GR Infraprojects Bags Rs 2,902.3 Million Giridih Bypass EPC Contract

13 Oct 2025 CW Team

GR Infraprojects announced that it has received a Letter of Acceptance (LOA) from the State Highways Authority of Jharkhand for the construction of the Giridih Bypass (towards Tundi). The 26.672 km project has been awarded on an Engineering, Procurement, and Construction (EPC) basis, with a contract value of Rs 2,902.3 million and a completion timeline of 24 months from the appointed date.

In its first-quarter results for the fiscal year ending 30 June 2025, GR Infraprojects reported a 57% year-on-year increase in net profit to Rs 2,440 million, compared with Rs 1,550 million in the same quarter last year. Revenue from operations declined slightly by 2.1% to Rs 19,880 million from Rs 20,300 million previously.

At the operating level, EBITDA rose 8.1 per cent to Rs 3,980 million, with the EBITDA margin improving to 20 per cent from 18.1 per cent in the corresponding period of the previous fiscal.

Shares of GR Infraprojects closed at Rs 1,246.00 on the BSE, up 9.80 or 0.79 per cent on the day.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..