J Kumar Infraprojects' PAT rises 93% yoy to Rs62 crore in Q1FY23

3 Aug 2022 , 09:51 AM

J. Kumar Infraprojects Limited (JKIL), has announced its Unaudited Financial results for the quarter ended June 30, 2022.

Performance highlights for Q1 FY23

• Revenue from Operations for Q1 FY23 grew by 47% to Rs994 crore as compared to Rs675 crore in Q1 FY22.
• EBIDTA for Q1 FY23 stood at Rs140 crore as compared to Rs97 crore in Q1 FY22. EBIDTA margin for Q1 FY23 stood at 14.1%.
• PBT for Q1 FY23 grew by 96% to Rs84 crore as compared to Rs43 crore in Q1 FY22. PBT margin for Q1 FY23 stood at 8.4% as compared to 6.3% in corresponding year. 
• PAT for Q1 FY23 grew by 93% to Rs62 crore as compared to Rs32 crore in Q1 FY22. PAT margin for Q1 FY23 stood at 6.2% as compared to Q1FY22 i.e. 4.8%. 
• Company's Total Order book as on June 30, 2022 stood at Rs12,095 crore. The order book inter alia includes Metro projects (elevated and underground) which contributes approx 57%, while Flyover, Bridges & Roads projects contributing almost 35%.

On the performance Kamal J. Gupta, Managing Director said, “With stable EBIDTA margins and debt levels, the Company has delivered another healthy quarter performance. We are witnessing strong execution momentum across our projects and are focused to create value for all our stakeholders. The year FY23 has started on a positive note with projects awarded to the tune of Rs1,374 crore."

On Wednesday morning trade, J Kumar Infra was trading at Rs328.95 per share lower by 2.14% on the BSE.