Latest news with #GPTGroup
Business Standard
21-07-2025
- Business
- Business Standard
GPT Infra soars after bagging project worth Rs 351 crore
GPT Infraprojects zoomed 8.78% to Rs 134.45 after the company announced that it has bagged a construction contract worth Rs 351 crore from Agra Gwalior Highway Private Limited. The contract involves the construction of a new major bridge, which includes a cable-stayed bridge, over the Chambal River. This work is part of the Agra Gwalior Greenfield Highway Project. 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 sleepers for railways in India and Africa. The company's consolidated net profit increased by 49.72% to Rs 24.24 crore on a 29.06% increase in revenue to Rs 380.74 crore in Q4 FY25 as compared with Q4 FY24.
Business Insider
14-07-2025
- Business
- Business Insider
Macquarie Remains a Buy on GPT Group (GPTGF)
Macquarie analyst maintained a Buy rating on GPT Group today and set a price target of A$5.36. The company's shares closed last Wednesday at $3.28. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. GPT Group has an analyst consensus of Moderate Buy, with a price target consensus of $3.49. Based on GPT Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $512.3 million and a net profit of $48.7 million. In comparison, last year the company earned a revenue of $465.4 million and had a GAAP net loss of $238.9 million
Business Standard
04-07-2025
- Business
- Business Standard
GPT Infraprojects bags supply contract from Bangladesh-based Standard Engineers
GPT Infraprojects said that it has received a contract worth Rs 13 crore from Standard Engineers Limited, Bangladesh. The contract is for manufacture and supply of mono block pre-stressed concrete line sleeper for a project in Bangladesh. 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 sleepers for railways in India and Africa. The company's consolidated net profit increased by 49.72% to Rs 24.24 crore on a 29.06% increase in revenue to Rs 380.74 crore in Q4 FY25 as compared with Q4 FY24. The scrip advanced 3.68% to end at Rs 129.60 on the BSE.
Muscat Daily
25-06-2025
- Business
- Muscat Daily
Nothing brings new smartphones to Oman with launch of Phone (3a) series, CMF Phone 2 Pro
Muscat – Nothing, the design-led London-based tech brand known for shaking up the smartphone industry, has officially arrived in Oman with the launch of its new Nothing Phone (3a) series and CMF Phone 2 Pro. The much-anticipated debut was marked by an exclusive launch event at Mövenpick Hotel Muscat, welcoming industry leaders, tech enthusiasts, and local partners. The new smartphones will be available across various local retailers, both in store and online. The event was led by Mr. Rishi Gupta, Regional Director of Nothing for the Middle East and Africa, alongside Mr. Pradeep Kumar Tripathi, Founder and Chairman of GPT Group, the brand's official distributor in Oman. 'Oman has always been a market that appreciates both innovation and individuality,' said Mr. Rishi Kishor Gupta. 'With the Phone (3a) series and CMF Phone 2 Pro, we're delivering more than just great devices; we're delivering experiences that are smart, uniquely designed, and crafted to fit into real lives. We're excited to build something meaningful here, with the support of GPT Group.' Mr. Pradeep Kumar Tripathi added, 'This is a proud moment for GPT Group and for tech lovers across Oman. Nothing's approach to design and user experience is refreshing, and we're confident these devices will resonate with a new generation of consumers who expect more from their technology.' With the Phone (3a) and Phone (3a) Pro, Nothing brings high-end performance to the mid-range category. Essential Key: A smart shortcut that opens Essential Space—an AI-powered hub that automatically organizes your notes, screenshots, and photos so everything's right where you need it. Triple Camera System: A 50MP main camera, 50MP telephoto lens (2x optical zoom), and 8MP ultra-wide lens cover all your photo needs—whether it's a close-up or a sweeping landscape. Stunning Display: A 6.7-inch AMOLED screen with a silky-smooth 120Hz refresh rate. All-Day Battery: Up to 5000mAh of power, with 45W fast charging to keep you moving. Nothing OS 3.1: Clean, fast, and customizable—built on Android 15, made for how you use your phone.
The Age
08-05-2025
- Business
- The Age
This suburb is booming, and there's more development on the way. What comes next?
It's early on Wednesday morning at Rouse Hill Town Centre – one of the country's largest greenfield shopping centres – and people are starting their days with coffee and a visit to the playground. Life in Rouse Hill is good. There is a metro stop next to the town centre where driverless trains take residents to the CBD in less than 40 minutes, and the shopping centre features a lot of open space and community facilities. But behind the omnipresent music and the carefully manicured lawns that define the town centre, and after two decades of unprecedented greenfield development, Rouse Hill continues to experience growing pains. The shopping centre has virtually no rental vacancy, and the local council says it is struggling to keep up with the service demands of the tens of thousands of new residents. Rouse Hill is home to more than 11,000 people. But it's set to take on thousands more over the next decade as the council grapples with how to implement the state government-mandated target of 23,300 new homes in the shire over the next five years. What comes next for one of Sydney's first greenfield developments? The news On Wednesday, developer GPT Group announced it had begun construction on the second stage of Rouse Hill's major shopping precinct, Rouse Hill Town Centre. With its leaders and local Liberal Mayor Michelle Byrne using golden shovels for a sod turning in front of tonnes of already moved dirt, the group said the extension of the shopping centre would allow for extra growth in the suburb, with its established main centre approaching capacity. The precinct will grow the development by than 10,000 square metres and bring at least 50 new shops, cafes and leisure facilities to the area. GPT had lodged its development application with plans to include 218 apartments, but Chris Barnett, the head of retail at the developer, said that 'at this time we are just focusing solely on the retail option'. 'It's a point in time in the cycle of residential development … what we have been able to do is future-proof what we're creating today to come back and build residential at the right time.' Loading But more people will be coming to the centre regardless of whether GPT builds apartments on top: Hills Shire Council estimates 329,000 residents will join its local government area within 15 years, and is campaigning the state government to urgently provide more infrastructure to keep up with demand. How we got here Eastern suburbs residents, beware: Rouse Hill's town centre was once a nine-hole public golf course. In 1998, the rural suburb was identified as a candidate for future growth as part of the Carr Labor state government's report, Sydney Into Its Third Century, which bucked the in-trend notion of building higher density housing along established train lines and instead identified new areas that were free of development constraints. Rouse Hill would be the first suburb in the north-west to be developed. Landcom, the development arm of the state government, planned out the area before handing it over to developers GPT Group and Lendlease to build the town centre and homes around it. The first school opened in 2005, and the first part of the centre in 2007. In 2019, the north-west metro, with a stop outside the town centre, also began operations. What you need to know Things are slowly changing. Next to the shopping centre is empty land that will one day become Rouse Hill Hospital. After years of uncertainty, the federal Labor government committed in the election to funding a birthing suite after it was revealed that the hospital would be opened without one. The suburb is part of the state government's North West Growth Area strategy, which has released acres of land across much of the region, with more to come. But even the metro and new bus services are struggling to meet the area's growth: Windsor Road and Old Windsor Road are clogged. The council claims the average travel speed is 20km/h in the morning peak. The council is now campaigning for the state government to significantly increase its funding for infrastructure. What they said Michelle Byrne, Hills Shire Council Mayor: 'At the moment, we're home to over 200,000 people [in the Hills Shire]. By 2041, we'll be home to over 328,000 people. That's an increase in our population of over 71 per cent.'
