HG Infra Engineering wins ₹274 crore DLF Cyber City order for Gurugram access road works
Published on 19/11/2025 03:38 PM
HG Infra Engineering wins ₹274 crore DLF Cyber City order for Gurugram access road worksThe project involves building the full access road network for the Phase-2 development of DLF Downtown, one of the key commercial clusters in Gurugram. Shares of HG Infra Engineering Ltd ended at ₹866.00, down by ₹6.55, or 0.75%, on the BSE.By Jomy Jos Pullokaran November 19, 2025, 3:38:03 PM IST (Updated)2 Min ReadInfrastructure 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.Continue ReadingFirst Published: Nov 19, 2025 3:30 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsHG Infra Engineeringshare market today