J. Kumar Infra bags LoA for Rs 352 crore contract from MCGM

3 Oct 2022 , 01:57 PM

The LoA awarded is the for the Proposed re-construction of Siddharth Municipal General Hospital on land at Siddharth Nagar, Goregaon (W), in P/S ward for a total lumpsum contract cost of Rs 3,52,30,49,980. J. Kumar Infraprojects is focused on EPC projects, having strong foothold in various sectors like urban infrastructure, transportation engineering, piling & civil construction etc. The companys net profit surged 93% to Rs 62 crore in Q1 FY23 from Rs 32 crore in Q1 FY22. Revenue from operations during the quarter increased by 47% YoY to Rs 994 crore. The scrip fell 3.93% to currently trade at Rs 288.35 on the BSE. Powered by Capital Market – Live News