Highway Infrastructure Ltd Secures Highest-Ever Order Book of ₹775 Crore

Highway Infrastructure Ltd, a leading infrastructure development and management company, has reported a strong financial performance in the recent quarter. The company's net profit for the September quarter has surged multi-fold to ₹9.7 crore, up from ₹1.6 crore in the year-ago period.

Looking ahead, the company is poised for continued growth. It plans to execute ₹150-200 crore worth of EPC (Engineering, Procurement, and Construction) projects over the next two years and is actively bidding for new projects worth approximately ₹250 crore. This robust project pipeline is further bolstered by the company's highest-ever order book of ₹775 crore, which provides strong revenue visibility.

The September quarter witnessed a significant influx of new orders for Highway Infrastructure Ltd, including the expansion of toll operations with projects at Kiratpur and Muzaina Fee Plazas in Uttar Pradesh, a Greenfield Expressway in Rajasthan, and Chotiya Fee Plaza in Chhattisgarh. This diversified project portfolio underscores the company's ability to capitalize on the growing infrastructure development opportunities across the country.