Hot Pursuit     06-Mar-24
J.Kumar Infra receives LoA for Rs 912-crore project from CIDO
J.Kumar Infraprojects said that it has received a letter of award (LoA) for a road construction project from City and Industrial Development Corporation of Maharashtra (CIDCO) for a contract worth Rs 912.28 crore.

The project involves design and construction of coastal road from CH 2900 to CH 5800 (MTHL Junction) at Ulwe, Navi Mumbai.

JKumar Infraprojects operates as a civil engineering and infrastructure development company. The Company focuses on the development of roads, flyovers, bridges, railway buildings, sports complexes and airport runways.

The company's standalone net profit grew by 16.3% to Rs 82.64 crore on 14.7% jump in revenue from operations to Rs 1,218.73 crore in Q3 FY24 as compared with Q3 FY23.

The scrip rose 0.88% to currently trade at Rs 650.95 on the BSE.

Previous News
  J Kumar Infraprojects standalone net profit rises 17.64% in the June 2023 quarter
 ( Results - Announcements 08-Aug-23   13:58 )
  J Kumar Infraprojects wins project of Rs 334.25 cr
 ( Corporate News - 18-Mar-24   11:59 )
  NCC - J Kumar Infraprojects JV bags Rs 6301 cr contract from BMC
 ( Corporate News - 22-Sep-23   12:47 )
  J.Kumar infra bags project worth Rs 334 crore from NBCC
 ( Hot Pursuit - 18-Mar-24   13:44 )
  J Kumar Infraprojects receives LoA for MMRDA project worth Rs 378.7 cr
 ( Corporate News - 04-Dec-23   13:42 )
  J Kumar Infraprojects standalone net profit declines 87.28% in the September 2020 quarter
 ( Results - Announcements 10-Nov-20   14:12 )
  SpiceJet Ltd Slides 9.24%, S&P BSE Industrials index Shed 1.34%
 ( Hot Pursuit - 22-Dec-20   09:45 )
  L T Foods Ltd leads losers in 'A' group
 ( Hot Pursuit - 26-May-21   15:00 )
  J Kumar Infraprojects standalone net profit declines 45.81% in the March 2020 quarter
 ( Results - Announcements 20-Aug-20   14:10 )
  Nifty above 22,100 level; auto shares advance
 ( Market Commentary - Mid-Session 18-Mar-24   14:32 )
  J Kumar Infraprojects standalone net profit rises 5.31% in the March 2021 quarter
 ( Results - Announcements 26-May-21   14:42 )
Other Stories
  Sunflag Iron & Steel Company Ltd leads gainers in 'A' group
  04-Jul-24   12:00
  Cello World hits life high on launching QIP at floor price of Rs 896.09 /share
  04-Jul-24   11:09
  Volumes soar at Godrej Consumer Products Ltd counter
  04-Jul-24   11:00
  Vedanta records alumium production of 5.96 lakh tonnes in Q1
  04-Jul-24   10:54
  GE T&D India hits after bagging supply contract from France-based Grid Solutions
  04-Jul-24   10:13
  Bajaj Finance new loans climb 10% YoY in Q1 FY25
  04-Jul-24   10:04
  Bandhan Bank deposits rise 22% YoY in Q1 FY25
  04-Jul-24   10:03
  Information Technology stocks edge higher
  04-Jul-24   10:00
  Utilties shares gain
  04-Jul-24   10:00
  Auto shares gain
  04-Jul-24   10:00
Back Top