Hot Pursuit     21-Mar-23
J Kumar Infra gains after JV bags LoA from Bangalore Metro Rail Corporation
J Kumar Infraprojects rose 2.35% to Rs 244.20 after the company's joint venture, J Kumar-AICPL received a letter of acceptance from Bangalore Metro Rail Corporation for construction of airport depot for Bangalore Metro Rail Project - Phase - 2B.

The total contract cost is Rs 182.33 crore and the share of J Kumar Infraprojects is 55% (Rs 100.28 crore).

Mumbai-based J Kumar Infraprojects is a construction company. On a consolidated basis, the company reported a 21.1% jump in net profit to Rs 71.08 crore on a 10% increase in net sales to Rs 1,062.39 crore in Q3 FY23 over Q3 FY22.

Previous News
  J Kumar Infraprojects standalone net profit declines 0.18% in the March 2023 quarter
 ( Results - Announcements 23-May-23   15:30 )
  J Kumar Infraprojects wins project worth Rs 509 cr
 ( Corporate News - 17-Oct-23   18:30 )
  J Kumar Infraprojects standalone net profit declines 87.28% in the September 2020 quarter
 ( Results - Announcements 10-Nov-20   14:12 )
  J Kumar Infraprojects receives LoA from Gujarat Metro Rail Corporation
 ( Corporate News - 11-Jan-21   21:09 )
  J Kumar Infraprojects secures a Rs 582 cr road project in Chennai
 ( Corporate News - 15-Dec-23   10:11 )
  J. Kumar Infra rises after bagging orders
 ( Hot Pursuit - 09-Mar-22   15:19 )
  J Kumar Infraprojects to announce Quarterly Result
 ( Corporate News - 18-May-24   15:41 )
  J Kumar Infraprojects wins project of Rs 334.25 cr
 ( Corporate News - 18-Mar-24   11:59 )
  J Kumar Infraprojects reports standalone net profit of Rs 32.10 crore in the June 2021 quarter
 ( Results - Announcements 10-Aug-21   15:29 )
  J Kumar Infraprojects standalone net profit rises 126.23% in the March 2022 quarter
 ( Results - Announcements 30-May-22   17:08 )
  J Kumar Infra gains on bagging LoA worth Rs 583-cr
 ( Hot Pursuit - 15-Dec-23   10:07 )
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