HG Infra Engineering Q2 profit declines 35%, revenue flat

HG Infra Engineering Ltd 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.

Highway project

In a major development, the company

announced last month that its wholly-owned subsidiary, HG Varanasi-Kolkata PKG-13 Pvt Ltd, has received the appointed date from the National Highways Authority of India (NHAI) for a highway project in Jharkhand.

The project involves the construction of a six-lane greenfield Varanasi–Ranchi–Kolkata Highway, spanning 28.7 km from Lepo village (NH320 junction) to Kamlapur village on the Jharkhand-West Bengal border. Valued at ₹925.11 crore, the project has been awarded under the hybrid annuity mode (HAM) and carries a completion period of 730 days.

The company said the project, part of the Bharatmala Pariyojana, will significantly improve regional connectivity and boost economic activity across eastern India.

Shares of HG Infra Engineering Ltd ended higher on Wednesday, November 12, by 1.57% at ₹906.75 on the NSE.

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