GPT Infraprojects Limited has secured a significant railway infrastructure contract valued at ₹483.72 crores from Rail Vikas Nigam Limited, Bhubaneshwar. The domestic infrastructure project involves the construction of Important Bridge 544 over the river Mahanadi in connection with the construction of the third and fourth lines between the Nergundi-Barang section in the Khurda Road Division of East Coast Railway. The contract scope specifically entails constructing an open web steel girder bridge spanning thirty-two units of 65.84 meters each.
The contract size totals ₹483.72 crores including GST, which corresponds to ₹409.94 crores excluding GST. With this latest addition, the company's total order inflow for Fiscal 2027 has reached ₹818 crore, significantly expanding its overall outstanding order book to ₹4,992 crore. The domestic entity awarded the contract is the Chief Project Manager, Rail Vikas Nigam Limited, Bhubaneshwar, and the project is scheduled to be completed within 1,095 days from the appointed date. This major contract win significantly boosts the company's revenue prospects for the fiscal year.
Incorporated in 1980 and headquartered in Kolkata, GPT Infraprojects Limited operates as the flagship firm of the GPT Group across two main divisions, namely Infrastructure and Sleeper. The company focuses on executing large-scale railway infrastructure projects, including major bridges and road overbridges for government contracts, alongside manufacturing concrete sleepers across facilities located in Panagarh, India, as well as international units in South Africa, Namibia, and Ghana. Shares of GPT Infraprojects Limited were last trading in BSE at ₹113.15 as compared to the previous close of ₹111.05, with a total number of shares traded of 9,774 in over 139 trades. The stock hit an intraday high of ₹113.90 and intraday low of ₹110.10, with net turnover of ₹10,89,706.00.
