GPT Infraprojects Achieves 23.6% YoY Revenue Growth in Q2 FY 2025 Earnings

GPT Infraprojects Limited reported its financial results for the second quarter (Q2) ended September 30, 2024.

Q2 FY 2025 Financial Highlights

The company achieved consolidated revenue from operations of ₹287.5 crore, marking a 23.6% increase compared to the same period last year. Consolidated EBITDA reached ₹33.3 crore, a modest rise of 2.8% year-on-year, with an EBITDA margin of 11.5%. 

Consolidated PAT after accounting for minorities stood at ₹17.6 crore, reflecting a significant year-on-year growth of 30.4% and a PAT margin of 6.1%. The company also reduced its net debt by approximately ₹95 crore, further strengthening its financial position.

H1 FY 2025 Achievements

During the first half of FY25, GPT Infraprojects successfully raised ₹175 crore through a Qualified Institutional Placement (QIP) in August 2024, primarily to repay borrowings, which has been fully utilized to enhance financial flexibility. 

Notably, the company executed its third bonus issue, offering a 1:1 share ratio, adding to previous bonus issues in 2017 and 2022, reflecting a strong commitment to returning value to shareholders.

GPT Infraprojects also maintains a robust order backlog of ₹3,609.8 crore, signalling a healthy pipeline of projects. The order inflow during the year was substantial, amounting to ₹1,040.4 crore, with a significant portion of these orders representing incremental projects from existing contracts. 

Commenting on the performance, GPT Chairman, Mr Dwarika Prasad Tantia, stated, “We are pleased to announce the successful fundraising of ₹175 crore through a Qualified Institutional Placement. I would like to thank all the investors who have placed their trust in us. I would like to commend all of you who have contributed to bringing our company to this level. We have now built strong foundations on which we can aspire to achieve greater heights. The business performance continues to be as per our target and we expect to achieve a growth in excess of 20% for the year with strong cash flows and margins.”

On November 13, 2024, GPTInfra share price opened at ₹115.70, touching the day’s high at ₹130.03, as of 9:54 AM on the NSE.

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