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

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.

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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 Results

HG 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.