GMR Infra, in a regulatory disclosure filed on December 12, said that the company is planning to raise Rs 1,200 crore via the issuance of equity shares/warrants through preferential issue. ,
As per the filing, the company’s Board of Directors is scheduled to meet on December 17 to consider and approve the proposal for raising funds up to Rs 1,200 crore. The fundraising will be done via the issuance of equity shares or warrants to eligible investors through a preferential issue or any other method, subject to Board approval.
GMR Financial Result: Q2FY26
The company announced its financial performance for Q2FY26 in November. For the same quarter, the company reported a net profit of Rs 888 crore, up sharply from Rs 255 crore reported in Q2FY25.
The company’s revenue stood at Rs 1,810 crore, up nearly 31% year-on-year, while the EBITDA margin stood at 20%, down from 30% reported for the same quarter last year.
GMP share price
Following this announcement, the company’s share price was up by nearly 2%. Over the past five days, the company’s stock has climbed by over 5%.
About the company
GMR Power and Infrastructure is a (GPUIL) is a subsidiary of GMR Enterprises focused on developing and operating projects in energy, infrastructure, and transportation sectors. The company operates a diverse product portfolio of power generation plants, while the group’s transportation segment is based on development of roads, railways, airways and so on.
GMR Sports signed MoU with Telangana government
Meanwhile the conglomerate’s sports vertical, GMR Sport signed a Memorandum of Understanding with the Telangana government at the Telangana Rising Global Summit 2025. The MoU has been signed for the development of Satellite Sports City within the Bharat Future City.
Dubai Sports City would be the knowledge partner for this project. The project is aimed at providing state-of-the-art training facilities for athletes, development of international-standard stadiums, sports sciences in the state. Through this project the Telangana government aims to establish itself as a premier destination for global sporting events.
Commenting on the partnership, Kiran Kumar Gandhi, Corporate Chairman, GMR Group and Chairman, GMR Sports said, “Partnering with the Telangana government, we are driving a vision that will unlock opportunities for athletes, communities, and industries, strengthening Telangana’s standing as a rising global hub for sports and next-generation development,” said