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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
G R Infraprojects
G R Infraprojects (GRINFRA) investor relations material
G R Infraprojects Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary5 Nov, 2026
Executive summary
Q2 FY27 standalone revenue from operations rose 63.66% YoY to ₹20,191.01 Mn and PAT increased 23.08% to ₹1,610.36 Mn.
Consolidated revenue from operations grew 45.14% YoY to ₹23,254.18 Mn and PAT rose 53.14% to ₹2,903.03 Mn.
Order book stood at ₹245,766 Mn as of September 30, 2026; FY27 revenue growth expectation was raised to near 20%.
Financial highlights
Standalone EBITDA was ₹1,915.79 Mn, up 59.10% YoY; EBITDA margin eased to 9.49% from 9.76%.
Consolidated EBITDA was ₹4,332.07 Mn, up 11.93% YoY; EBITDA margin declined to 18.63% from 24.16%.
H1 consolidated revenue reached ₹510,952.87 lakh and PAT ₹64,809.34 lakh; standalone revenue was ₹444,252.33 lakh and PAT ₹36,468.16 lakh.
Standalone PAT margin was 7.98% versus 10.61% YoY; consolidated PAT margin was 12.48% versus 11.83%.
Outlook and guidance
FY27 revenue growth is expected near 20%, versus earlier guidance of ~15%; ~₹5,000 crore revenue is expected across business units for the remaining year.
Next fiscal growth target is ~15%, subject to order inflows and execution; FY27 capex is guided at ₹200–250 crore, including ₹83 crore spent in H1.
Three projects were listed as awaiting appointed dates; two projects worth ₹3,562 crore remained pending, while Agra–Gwalior received its appointed date.
Agra–Gwalior revenue targets are ₹250 crore in FY27 and ₹1,200–1,400 crore next year; oil and gas revenue is expected at ₹1,200 crore in FY27.
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Latest events from G R Infraprojects
- Record growth and order momentum came with cash-flow and financing demands.GRINFRA
Q4 18/19 - Strong FY20 growth and execution, with pandemic disruption balanced by a substantial order book.GRINFRAQ4 19/20
- Consolidated PAT rose 74.83% as the order book expanded and diversification accelerated.GRINFRAQ4 22/23
- FY21 growth and order wins advanced despite pandemic disruption; IPO demand was 102.58x.GRINFRAQ4 20/21
- Revenue rose, PAT declined, and the ₹13,103.90 crore order book anchors growth plans.GRINFRAQ4 21/22
- InvIT gains lifted standalone PAT as revenue eased and the ₹1.68 lakh crore order book supported growth.GRINFRAQ4 23/24
- Q1 revenue up 32.71% YoY; consolidated net profit and order book reached record highs.GRINFRAQ1 26/27
- Revenue and profit grew in FY26, with strong order book and improved financial metrics.GRINFRAQ2 25/26
- Q1 FY26 delivered strong profits, robust order book, and business expansion plans.GRINFRAQ1 25/26
Next G R Infraprojects earnings date
Q3 26/279 Feb, 2027
G R Infraprojects
Next G R Infraprojects earnings date
Q3 26/279 Feb, 2027
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