GHV Infra Projects hit an upper circuit of 2% at Rs 225.10 after the company announced that it has received an order from GHV (India) worth Rs 363 crore for setting up a solar power project on an EPC basis.
The order involves setting up a 100 MW ISTS-connected solar power project with operation and maintenance for 3 years in the state of Gujarat, with a completion period of 15 months.GHV Infra Projects, also known as Sindu Valley Technologies, is engaged in the business of providing auxiliary services.
The company reported a standalone net profit of Rs 2.96 crore in Q3 FY25, compared to a net loss of Rs 0.03 crore recorded in Q2 FY25. Revenue from operations surged to Rs 18.46 crore in Q3 FY25 as against Rs 1.05 crore reported in Q2 FY25.
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