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 rises 21.07% in the December 2022 quarter
 ( Results - Announcements 07-Feb-23   16:31 )
  Market at day’s low; financial services shares decline
 ( Market Commentary - Mid-Session 03-Oct-24   12:36 )
  J Kumar Infraprojects standalone net profit rises 1.82% in the June 2019 quarter
 ( Results - Announcements 07-Aug-19   16:27 )
  J Kumar Infraprojects receives LoA for MMRDA project worth Rs 378.7 cr
 ( Corporate News - 04-Dec-23   13:42 )
  J Kumar Infra gains after JV bags LoA from Bangalore Metro Rail Corporation
 ( Hot Pursuit - 21-Mar-23   09:59 )
  J Kumar Infraprojects receives LoA of Rs 912 cr for Coastal Road Project
 ( Corporate News - 06-Mar-24   11:42 )
  J Kumar Infra JV bags multiple orders worth Rs 1,823 cr
 ( Hot Pursuit - 05-Mar-24   16:35 )
  J Kumar Infra spurts after order win
 ( Hot Pursuit - 02-Nov-20   14:15 )
  J Kumar Infraprojects standalone net profit rises 64.49% in the September 2022 quarter
 ( Results - Announcements 08-Nov-22   18:01 )
  J Kumar Infraprojects to table results
 ( Corporate News - 02-Nov-20   13:28 )
  J.Kumar Infra receives LoA for Rs 912-crore project from CIDO
 ( Hot Pursuit - 06-Mar-24   11:02 )
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