India: GRIL’s revenue from operations down 12% y-o-y in Q1FY’25

G R Infraprojects Limited’s (GRIL) revenue from operations dropped 12% y-o-y to INR 18,965 million in Q1FY’25 as against INR 21,524 million in the CPLY. The company’s order book as on 30 June’24 was INR 1,49,746 millon. EBITDA fell 22% on the year to INR 2,466 million during the quarter from INR 3,147 million in Q1FY’24. PAT witnessed 6% decline y-o-y at INR 1,957 million in Q1FY’25 against INR 2,080 million in Q1FY’24.