HG Infra Arm Secures ₹763 Crore NH 227B Highway Project in Uttar Pradesh

• HG Infra Engineering's subsidiary, HG Bahuvan Jagarnathpur Highway Private Ltd, received the appointed date for a National Highway project in Uttar Pradesh.
• The project involves upgrading a two-lane highway on NH 227B, specifically the Bahuvan Madar Majha to Jagarnathpur stretch, part of the "84 Kosi Parikrama Marg."
• Valued at ₹763.11 crore, the project will be executed under the Hybrid Annuity Mode (HAM) with a two-year construction period.
• The appointed date for the project is January 16, 2026, marking the official start of the construction phase.
• HG Infra Engineering reported a 35.4% YoY decline in net profit for Q2FY25, with margins contracting due to cost pressures.

Why It Matters: HG Infra's subsidiary secured a significant ₹763 crore highway project in UP, despite recent profit declines.