GR Infraprojects Ltd on Friday (March 7) said its board has approved an interim dividend of ₹12.50 per equity share of face value ₹5 for the financial year 2024-25. The decision was made at the board meeting held on March 7, 2025.

“…we wish to inform you that Board of Directors of the Company at its meeting held on Friday, 07th March 2025 has, inter alia, considered and declared the Interim Dividend of ₹ 12.50 per equity share of face value of ₹ 5/- per equity share for the Financial Year 2024-25,” G R Infraprojects said in a regulatory filing.

The record date for determining eligible shareholders has been set as March 13, 2025.

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“The record date for the purpose of payment of dividend shall be Thursday, 13th March 2025, as intimated in our letter dated 4th March 2025, and the interim dividend shall be paid to the eligible shareholders within the stipulated timelines as prescribed under law,” it added.

Q3 lookback

GR Infraprojects reported a 7.8% year-on-year (YoY) increase in net profit at ₹261.7 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal year, GR Infraprojects posted a net profit of ₹242.7 crore.

The company’s revenue from operations fell 20.6% to ₹1,694.5 crore against ₹2,134 crore in Q3FY24. At the operating level, EBITDA tanked 27.1% YoY to ₹369.8 crore in the third quarter of this fiscal year from ₹507.6 crore.

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Shares of GR Infraprojects Ltd ended at ₹1,032.70, up by ₹11.05, or 1.08%, on the BSE.