GHV Infra Projects Secures ₹815 Crore Contract, Stock Rises
GHV Infra Projects gains after bagging Rs 815 crore
Business Standard
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GHV Infra Projects, an engineering, procurement, and construction (EPC) company, saw its stock rise by 3.42% to ₹325.80 following the announcement of an ₹815 crore contract for road construction in Maharashtra. The company reported a significant increase in net profit and revenue for Q3 FY26.
- 01GHV Infra Projects secured a contract worth ₹815 crore for road construction in Maharashtra.
- 02The company's stock rose by 3.42% to ₹325.80 following the announcement.
- 03The contract has a construction period of 30 months.
- 04GHV Infra's consolidated net profit increased by 391.6% to ₹14.55 crore in Q3 FY26.
- 05Revenue from operations surged by 646.1% to ₹137.73 crore in the same quarter.
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GHV Infra Projects, a prominent player in the engineering, procurement, and construction (EPC) sector, experienced a 3.42% increase in its stock price, reaching ₹325.80 after announcing that it has secured a significant construction contract worth ₹815 crore from APCO Infratech. This contract, which is focused on road construction and other civil works in Maharashtra, is expected to be completed within 30 months. The company's financial performance has also shown remarkable improvement, with a 391.6% increase in consolidated net profit, amounting to ₹14.55 crore, alongside a staggering 646.1% surge in revenue from operations to ₹137.73 crore in Q3 FY26 compared to Q3 FY25.
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The contract is expected to boost local employment opportunities and infrastructure development in Maharashtra, benefiting both the economy and local communities.
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