Hot Pursuit     11-Aug-22
JMC Projects gains on bagging orders worth Rs 1,524 crore
JMC Projects (India) added 3.09% to Rs 88.50 after the company said that it had secured new orders worth Rs 1,524 crore.

The company has bagged an EPC Project for Integrated Airport Development in Asia of Rs 1,012 crore, Water Projects in India of Rs 370 crore and Buildings & Factories (B&F) projects in India of Rs 142 crore.

Commenting on securing new orders, S. K. Tripathi (CEO & managing director) commented: "We are delighted with the new order wins, especially the prestigious order for Integrated Airport Development. We continue to strengthen and diversify our presence in the Urban Infrastructure business with addition of new verticals and markets.

The new orders in the Water and B&F business help us to widen our clientele and further strengthens our order book. Our strong and diversified order book reaffirms our confidence to achieve targeted growth going forward."

JMC Projects (India) (JMC), a subsidiary of Kalpataru Power Transmission, is one of the leading civil construction and infrastructure EPC company. JMC has emerged market leader in construction of Buildings & Factories (B&F), Water, Urban Infrastructure and Heavy Civil.

The company reported a net profit of Rs 31.33 crore in the quarter ended June 2022 as against net loss of Rs 10.15 crore during the previous quarter ended June 2021. Sales rose 44.01% to Rs 1671.64 crore in Q1 FY23 over Q1 FY22.

Previous News
  JMC Projects (India)
 ( Results - Analysis 11-Feb-22   13:34 )
  JMC Projects
 ( Results - Analysis 13-May-21   22:35 )
  JMC Projects
 ( Analyst Meet / AGM - Conference Call 05-Aug-21   09:13 )
  Board of JMC Projects (India) to consider NCD issuance
 ( Corporate News - 17-Sep-22   12:07 )
  JMC Projects (India) to declare Quarterly Result
 ( Corporate News - 20-Oct-20   14:52 )
  JMC Projects (India) to conduct board meeting
 ( Corporate News - 17-Sep-22   14:25 )
  JMC Projects (India)
 ( Results - Analysis 07-Nov-19   17:58 )
  JMC Projects (India)
 ( Results - Analysis 30-Jul-19   11:11 )
  JMC Projects (India) to hold board meeting
 ( Corporate News - 03-Feb-22   12:39 )
  JMC Projects (India) reports consolidated net loss of Rs 54.76 crore in the March 2020 quarter
 ( Results - Announcements 19-May-20   19:23 )
  JMC Projects (India) reports standalone net loss of Rs 34.38 crore in the March 2020 quarter
 ( Results - Announcements 19-May-20   18:54 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top