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GPT Infra subsidiary emerges L1 bidder for Rs 97-cr railway contract
25-Aug-2026 | 08:17
GPT Infraprojects announced that its subsidiary, Alcon Builders and Engineers, has been declared the lowest (L1) bidder by Northeast Frontier Railway, Maligaon, Guwahati, for a railway signalling project valued at Rs 97.31 crore.
The contract involves the provision of Electronic Interlocking at ADF (Adina), AZR (Azamnagar Road), KWE (Khurial), MXJ (Mangurjan), TMH (Tinmilehat), CAT (Chatterhat), SUD (Sudhani), TETA (Telta), PJP (Panjipara) and GIL (Gaisal) stations on the HDN/HUN route of the Katihar Division.
GPT Infraprojects is the flagship company of the GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions-infrastructure and sleepers. It is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for railways. In the sleeper segment, the company manufactures and supplies concrete sleepers for railways in India and Africa.
On a consolidated basis, the company?s net profit increased 4.90% YoY and declined 22.74% QoQ to Rs 24.63 crore in Q1 FY27. Net sales declined 3.38% YoY and 27.16% QoQ to Rs 302.07 crore in Q1 FY27.
The counter rose 1.34% to settle at Rs 113.55 on Monday, 25 August 2026.
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