HG Infra Q2 Profit Falls 35% as Margins Weaken, Revenue Flat
ROADS & HIGHWAYS

HG Infra Q2 Profit Falls 35% as Margins Weaken, Revenue Flat

HG Infra Engineering reported a 35.4 per cent year-on-year drop in net profit to Rs 521 million for the quarter ended September 2025, compared with Rs 807 million in the same period last year. Revenue remained stable at Rs 9.04. billion, showing a marginal rise of 0.2 per cent.

EBITDA declined 5.9 per cent to Rs 2.06 billion, while margins fell to 22.8 per cent from 24.3 per cent, reflecting cost pressures during the quarter.

In a key development, the company’s wholly owned subsidiary, HG Varanasi-Kolkata PKG-13 Pvt, recently received the appointed date from the National Highways Authority of India for its highway project in Jharkhand. The project involves constructing a six-lane greenfield stretch of the Varanasi–Ranchi–Kolkata Highway, spanning 28.7 km between Lepo village and Kamlapur village on the Jharkhand–West Bengal border. Valued at Rs 9.25 billion, it has been awarded under the hybrid annuity mode and comes with a completion period of 730 days.

Part of the Bharatmala Pariyojana, the project is expected to strengthen connectivity and spur economic development across eastern India.

Shares of HG Infra Engineering closed 1.57 per cent higher at Rs 906.75 on the NSE on 12 November.

HG Infra Engineering reported a 35.4 per cent year-on-year drop in net profit to Rs 521 million for the quarter ended September 2025, compared with Rs 807 million in the same period last year. Revenue remained stable at Rs 9.04. billion, showing a marginal rise of 0.2 per cent. EBITDA declined 5.9 per cent to Rs 2.06 billion, while margins fell to 22.8 per cent from 24.3 per cent, reflecting cost pressures during the quarter. In a key development, the company’s wholly owned subsidiary, HG Varanasi-Kolkata PKG-13 Pvt, recently received the appointed date from the National Highways Authority of India for its highway project in Jharkhand. The project involves constructing a six-lane greenfield stretch of the Varanasi–Ranchi–Kolkata Highway, spanning 28.7 km between Lepo village and Kamlapur village on the Jharkhand–West Bengal border. Valued at Rs 9.25 billion, it has been awarded under the hybrid annuity mode and comes with a completion period of 730 days. Part of the Bharatmala Pariyojana, the project is expected to strengthen connectivity and spur economic development across eastern India. Shares of HG Infra Engineering closed 1.57 per cent higher at Rs 906.75 on the NSE on 12 November.

Related Stories

Gold Stories

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Equipment

Seven Propel 470 HEV electric tippers go to work on coal haulage in Chhattisgarh

Propel EV, the electric mobility division of Propel Industries and India's No. 1 electric tipper brand, has deployed seven 470 HEV electric trucks with a leading coal-haulage contractor at one of India's largest opencast coal mines in Chhattisgarh. The trucks are in daily operation, moving coal on continuous haul cycles in one of the most demanding applications in Indian mining.Why Electric - and Why CoalCoal haulage runs round the clock: heavy loads, long haul cycles, steep ramps and abrasive dust. It is also where diesel hurts most. Engines run continuously, fuel is the largest single operat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code