Highway Infra secures Rs 221-cr UPEIDA work order
The contract also includes deployment of four patrol-cum-safety vehicles with required personnel and is to be executed over two years.
Additionally, the company also secured an order worth Rs 24.46 crore from the National Highways Authority of India (NHAI) for operation and collection of user fees at Velanchettiyur Fee Plaza in Tamil Nadu. The contract also includes upkeep and maintenance of adjacent toilet blocks. The contract is to be executed within 90 days.
Highway Infrastructure is an infrastructure development and management company engaged in the businesses of tollway collection, EPC infrastructure, and real estate.
The company reported an 85.24% year-on-year decline in consolidated net profit to Rs 1.07 crore in Q1 FY27 from Rs 7.25 crore in Q1 FY26. However, consolidated net sales surged 170.91% YoY to Rs 303.28 crore during the quarter.
Shares of Highway Infrastructure fell 1.48% to close at Rs 42.55 on the BSE.
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