GR Infraprojects (GRIL) has reported steady order execution but higher profits in Q3FY23. On a standalone basis, revenue was up 4.4% YoY to Rs19bn, EBITDA was up 8.6% YoY to Rs2.8bn, and EBITDA margin came in at 14.6%. Reported PAT in Q3FY23 was up 31.9% at Rs1.7bn. Orderbook stood at Rs141bn, and the company has maintained its FY23 order inflow guidance of Rs150bn.