You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

J.Kumar Infra JV bags order worth Rs 249 cr

Capital Market 

J.Kumar Infraprojects said that its joint venture (JV), J. Kumar - AICPL, has received the letter of acceptance from Bangalore Metro Rail Corporation for construction of existing Baiyappanahalli Depot for Bangalore Metro Rail Project phase- 2A.

The total cost of project is Rs 249.19 crore. The company's share is 55% or Rs 137.05 crore. The project will be executed within 821 days from the date of commencement of work.

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.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, March 24 2023. 14:47 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU