GPT Infraprojects bags ₹483.72 Crore Rail Vikas Nigam order
GPT Infraprojects Limited secured a new order worth ₹483.72 Crore from Rail Vikas Nigam Limited for bridge construction. The project is to be executed within 1,095 days. The company's total order book now stands at ₹4,992 Crore.
The order value of ₹483.72 Crore is significant and represents a substantial addition to the company's order book, which is expected to positively impact its financial performance.
The company has announced the bagging of a new order, which is a positive development for its business.
GPT Infraprojects Limited (GPTINFRA) has announced the successful acquisition of a significant contract valued at ₹483.72 Crore, including GST (₹409.94 Crore excluding GST).
The contract has been awarded by the Chief Project Manager, Rail Vikas Nigam Limited, Bhubaneshwar. The scope of work involves the construction of Important Bridge 544 (32x65.84m) Open Web Steel Girder over the Mahanadi river at Ch. 406305m. This project is part of the third and fourth line construction between Nergundi and Barang sections in the Khurda Road Division of East Coast Railway.
The order is from a domestic entity and falls under the category of bridge works for Railways. The execution period for this contract is 1,095 days from the Appointed Date. GPT Infraprojects Limited currently has an outstanding order book of ₹4,992 Crore, with a total order inflow for Fiscal 2027 reaching ₹818 Crore.
What to do with a filing like this
GPT Infraprojects Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by GPT Infraprojects Limited. Read the original for the full detail.