The order, announced on September 16, will see Highway Infrastructure manage toll collection and plaza operations on the Gorakhpur Link Expressway as part of a two‑year engagement that brings ₹105.08 crore in first‑year revenue, with a 10% escalation in year two, pushing total contract value to ₹220.66 crore.
Earlier in August, the company secured an ₹80.17 crore NHAI contract for the Palayam Fee Plaza on NH‑44, covering 90 days of Build‑Operate‑Transfer operations on the Krishnagiri‑Thumbipadi stretch that serves key industrial belts.
The new deal adds to Highway Infrastructure’s expanding toll‑operations portfolio, which already includes contracts across the country and has lifted the firm’s revenue growth trajectory, with a current pipeline of three major contracts worth over ₹400 crore.
Analysts project that the firm’s growing presence on key corridors could lift its gross margin to 28% by year‑end, and the company is expected to announce further B2T tenders in Q4, potentially boosting its profitability.