GPT Infraprojects emerges L-1 bidder for Rs 104-cr railway project

The contract, awarded by the Chief Signal and Telecom Engineer (CSTE), North Eastern Railway, involves the design, programming, installation, supply, testing and commissioning of an Electronic Interlocking (EI) system at multiple railway stations.

The project also includes indoor and outdoor signalling work, automatic block signalling in the CPR Junction-CI-CHPG section and optical fibre cable (OFC) work along the GKC-BTT and CPR Junction-CI-CHPG sections under the Varanasi Division of North Eastern Railway.

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.

Shares of GPT Infraprojects fell 1.23% to close at Rs 112.15 on the BSE.

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