According to an exchange filing, the order involves the manufacture and supply of 142,400 concrete sleepers for the Ranchi and Kharagpur divisions of South Eastern Railway. The contract is scheduled to be executed within 24 months.
The company further clarified that neither its promoters nor members of the promoter group have any interest in the awarding entity. Accordingly, the transaction does not fall under the category of related-party transactions as per applicable regulatory norms.
GPT Infraprojects is the flagship company of GPT Group and is a premier infrastructure company based out of Kolkata. The company operates through two business divisions — infrastructure and sleepers. The company is engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In sleepers, the company manufactures and supplies concrete sleeper for railways in India and Africa. The outstanding order book for the company now stands at Rs 3,844 crore with total order inflow (including L1) for fiscal 2026 of Rs 949 crore.
The company reported a 23.65% rise in consolidated net profit to Rs 21.80 crore in Q2 FY26, as against Rs 17.63 crore posted in Q2 FY25. However, revenue from operations declined 3.07% year-on-year (YoY) to Rs 278.67 crore in the quarter ended 30 September 2025.
The counter shed 0.43% to settle at Rs 103.40 on the BSE.