Monday, November 2, 2026

HG Infra Engineering wins ₹274 crore DLF Cyber City order for Gurugram access road works

Date:

Infrastructure company HG Infra Engineering Ltd on Wednesday (November 19) said it has secured a ₹274.11 crore order from DLF Cyber City Developers Limited for executing Infrastructure (Access Road Network) works at the DLF Downtown, Phase-2 project in Sector-25A, Gurugram, Haryana.The project involves building the full access road network for the Phase-2 development of DLF Downtown, one of the key commercial clusters in Gurugram. The work has been awarded on an Item Rate/BOQ basis. Taxes, including GST and labour cess, will be additional over the contract value.

Also Read: HG Infra Engineering arm gets appointed date for ₹925 crore Varanasi–Kolkata highway project

HG Infra Engineering will execute the project within a construction period of 548 days. The order has been awarded by a domestic entity and does not fall under related-party transactions.
Second Quarter ResultsHG Infra Engineering reported a 35.4% year-on-year decline in net profit at ₹52.1 crore for the quarter ended September 2025, compared to ₹80.7 crore in the corresponding period last year.

The company’s revenue from operations was broadly stable, inching up 0.2% to ₹904.5 crore against ₹902.4 crore in Q2FY25. However, EBITDA dropped 5.9% YoY to ₹206.2 crore from ₹219.1 crore, while margins contracted to 22.8% from 24.3%, reflecting cost pressures.

Also Read: HG Infra Engineering Q1 Results | Net profit slumps 39% as margins weaken

Shares of HG Infra Engineering Ltd ended at ₹866.00, down by ₹6.55, or 0.75%, on the BSE.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Nvidia chief Jensen Huang reportedly targeted in Chinese spy plot | World News

By Jonathan Swan , Maggie Haberman , Ana Swanson...

Anup Bagchi takes charge at HDFC Bank: Can he close the gap with ICICI Bank?

When Anup Bagchi takes charge as MD and CEO...

RBI Bulletin says Indian economy remains resilient but global risks are rising

India’s economy remains resilient despite a worsening global backdrop,...

12 years of Make in India: What worked, what’s unfinished and what comes next

India has made visible gains in manufacturing over the...