GPT Infra aims Rs 500 cr turnover

KOLKATA: GPT Infraprojects Ltd is expected to grow at over 30-35 per cent during the current fiscal and is aiming to cross the Rs 500 crore turnover mark, its top official said here today.

"We have registered a turnover Rs 180 crore in the first half of the year and for the full year we are targeting a turnover of Rs 500-550 crore," managing director S G Tantia said while announcing listing of the company shares on BSE.

The company is so far listed only in regional bourses Calcutta Stock Exchange and UP Stock Exchange.

The company is a leading player in the Railways sector and close to 70 per cent of the revenues comes from there.

"We are very optimistic about business from Railways with the forthcoming dedicated freight corridor," GPT ED Atul Tantia said.