GPT Infraprojects bags Rs 149-cr order from Western Railway

GPT Infraprojects said that its wholly owned subsidiary, Alcon Builders and Engineers, has received an order worth Rs 149.50 crore from CSTE, Western Railway, Bhavnagar Division, for signalling works at 18 stations.

The project involves replacing existing PI stations with electronic interlocking (EI), MSDAC and in-built block working systems, along with signalling and telecom equipment. The project is to be executed within 730 days from the appointed date.

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 scrip rose 0.52% to end at Rs 125.40 on the BSE on Friday.

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