GPT Infraprojects limited — Earnings Release 2025

Jul 31, 2024

GPT Infraprojects Limited

Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700 106, India CIN : L20103WB1980PLC032872 Phone : +91-33-4050-7000, Email : info@gptgroup.co.in , Visit us: www.gptgroup.co.in

GPTINFRA/CS/SE/2024-25 July 31, 2024

The Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

National Stock Exchange of India Ltd., Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051

Dear Sir/Madam,

Press Release on the Un-Audited Financial Results for the quarter ended June 30, 2024

Ref.: Scrip Code – 533761, Scrip ID – GPTINFRA

In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find enclosed herewith a press release on the Un-audited Financial Results for the 1[st] quarter ended June 30, 2024.

Kindly take the aforesaid information on record and oblige.

Thanking you,

Yours sincerely,

For GPT Infraprojects Limited,

MOHIT Digitally signed by MOHIT ARORA ARORA Date: 2024.07.31 14:57:39 +05'30' Mohit Arora Company Secretary

Encl. As Above.

For immediate release

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GPT INFRAPROJECTS LIMITED

CIN: L20103WB1980PLC032872

Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake Kolkata - 700 106, West Bengal, India Phone: +91 33 4050 7000 Email: gil.cosec@gptgroup.co.in

GPTINFRA Reports Results for the First Quarter ended June 24

Revenue for Q1 FY25 stood at Rs 241.7 crore, a growth of 2.5% y-o-y

Kolkata, July 31, 2024: GPT Infraprojects Limited (GPT) (BSE: 533761; NSE: GPTINFRA) reported its financial result for the first quarter (Q1) ended June 30, 2024. During the Q1 Fiscal 25, the consolidated total income stood at Rs 243.2 crore as compared to Rs 240 crore in Q1 Fiscal 24, a growth of 1.5%, on account of the decreased execution at the various location for general elections during the quarter. The consolidated EBITDA came in at Rs 33.6 crore in Q1 Fiscal 25 as against Rs 29.5 crore in Q1 Fiscal 24. The Net profit (post minority) for the quarter stood at Rs 16.8 crore in Q1 Fiscal 25 as against Rs 13.2 crore in the corresponding last fiscal year.

Key Financial Highlights for Q1 FY25:

• Standalone Revenue from Operations stood at Rs 236.2 crore , higher by 0.8% y-o-y

• Standalone EBITDA stood at Rs 34.4 crore , higher by 5.8% y-o-y, with EBITDA margin within the hurdle rate of 12.5-13%

• Standalone PAT stood at Rs 17.5 crore , higher by 12.2% y-o-y

• Consolidated Revenue from Operations stood at Rs 241.7 crore , higher by 2.5% y-o-y

• Consolidated EBITDA stood at Rs 33.6 crore , higher by 13.9% y-o-y

• Consolidated PAT after minorities stood at Rs 16.8 crore , higher by 27.3% y-o-y

• Order backlog stands healthy at Rs 3,669.1 crore , with order inflow of Rs 812 crore during the year including incremental orders from existing contracts

Segment Performance:

Infrastructure:

The Infrastructure segment recorded Revenue of Rs 225.2 crore for the Q1 Fiscal 25. The segment accounted for 93% of the revenue from operations in Q1 Fiscal 25, with healthy margins exceeding the EBITDA hurdle rate set by the management. The segment witnessed a strong performance on account of continued good execution in key contracts. The segment has received new orders of Rs. 767 Cr in Q1 Fiscal 25 with largest single order of Rs. 549 crores as on date.

Sleeper:

The Sleeper segment recorded Revenue of Rs 16.6 crore in Q1 Fiscal 25. The Indian operations continue to be strong and have shown good deliveries to the Railways and offer good margins. The operations in Africa continue to remain muted for the quarter, with South Africa contributing to the revenue and margins. The Ghana factory had been commissioned in Fiscal 24. The management expects revenue from African Factories to pick up significantly in Fiscal 25.

Commenting on the performance, Mr. Dwarika Prasad Tantia, Chairman said,

“The outlay and focus of the Government on Infrastructure contracts continues and we are quite confident that we will be able to expand our horizons to enter newer geographies by building world class infrastructure for the country. During Q1 of Fiscal 25 the total order inflow stood at Rs 812 crore including incremental orders in existing contracts with the total unexecuted order book of Rs 3,669 crores as on date. I would like to commend all of you who have contributed to bringing our company to this level. We have now built strong foundations on which we can aspire to achieve greater heights.”

				(Rs in crore)
Financial summary	StandaloneQ1 FY25Q1 FY24		ConsolidatedQ1 FY25Q1 FY24
Total income	239.1	239.5	243.2	239.7
EBITDA	34.4	32.5	33.6	29.5
EBITDA Margin	14.4%	13.6%	13.8%	12.6%
Profit After Tax	17.5	15.6	16.8	13.2

About GPT Infraprojects Limited (GPT): Incorporated in 1980, GPT is the flagship company of GPT Group, based out of Kolkata. GPT, a premier infrastructure company, operates through two segments– Infrastructure and Sleeper. The company made inroads into the infrastructure segment in 2004 and is now an established Railway focused player, engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In Sleeper segment, the company manufactures and supplies concrete sleepers for Railways in India and Africa. Its manufacturing units are located at Panagarh (West Bengal), Ladysmith (South Africa), Tsumeb (Namibia) and Eshiem (Ghana). The Company has strong project execution capabilities, healthy financial base, and enviable growth prospects across all areas of operation.

GPT Infraprojects Limited is listed on National Stock Exchange of India Limited and BSE Limited under Symbol: GPTINFRA, and Scrip Code: 533761, respectively. For more information about the company, please visit http://www.gptinfra.in

For further information, contact:

GPT Infraprojects Ltd | Phone: +91 33 4050 7000 | Email: gil.cosec@gptgroup.co.in