Subsidiary wins Rs 385 Cr railway sleeper contract in South Africa
GPTINFRA · price
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Subsidiary GPT Concrete Products South Africa has won a Rs 385 Crore (ZAR 660 Million plus VAT) contract from Transnet Freight Rail, South Africa, to manufacture and supply railway concrete sleepers from its Ladysmith, KZN factory over 5 years. No related party interest. Total order book now stands at Rs 5,377 Crore with FY27 order inflow at Rs 1,203 Crore.
Strengthens order book and revenue visibility over 5 years. Positive for the South Africa sleeper segment and international diversification.