J Kumar Infraprojects Q1 PAT Up 19% to Rs 86 cr - Business News
By Rediff Money Desk, New Delhi Aug 06, 2024 17:10
J Kumar Infraprojects reported a 19% rise in consolidated profit after tax (PAT) at Rs 86.41 crore for the quarter ended June 30, 2024. The company's total order book stood at Rs 19,820 crore.
New Delhi, Aug 6 (PTI) Construction and infrastructure development company J Kumar Infraprojects Ltd on Tuesday reported a 18.6 per cent rise in consolidated profit after tax (PAT) at Rs 86.41 crore for the quarter ended June 30, 2024.
The company had posted a consolidated PAT of Rs 72.83 crore in the year-ago period, J Kumar Infraprojects said in a regulatory filing.
The consolidated income during the April-June period rose to Rs 1,290.3 crore, over Rs 1,138.3 crore in the corresponding quarter of the previous fiscal, the filing said.
"On the back of record order book and our execution prowess, we are confident of setting up new performance benchmarks in the years to come. Our continued focus on adding and diversifying project portfolios that involve sound technical capabilities, we are optimistic that this will help improve our margins," company's Managing Director Kamal J Gupta said in a statement.
The company's total order book stood at Rs 19,820 crore as on June 30, 2024.
The company had posted a consolidated PAT of Rs 72.83 crore in the year-ago period, J Kumar Infraprojects said in a regulatory filing.
The consolidated income during the April-June period rose to Rs 1,290.3 crore, over Rs 1,138.3 crore in the corresponding quarter of the previous fiscal, the filing said.
"On the back of record order book and our execution prowess, we are confident of setting up new performance benchmarks in the years to come. Our continued focus on adding and diversifying project portfolios that involve sound technical capabilities, we are optimistic that this will help improve our margins," company's Managing Director Kamal J Gupta said in a statement.
The company's total order book stood at Rs 19,820 crore as on June 30, 2024.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.77 (+ 4.92)
- 36711655
- YES Bank Ltd.
- 24.05 (+ 3.40)
- 18879635
- MTNL
- 70.30 (+ 3.66)
- 15839131
- Srestha Finvest
- 2.12 ( -0.47)
- 15080605
- Reliance Power L
- 31.88 (+ 2.15)
- 14608776
MORE NEWS
![TA Associates...](https://im.rediff.com/80-80/money/2024/jun/26shareholding2.jpg)
TA Associates Sells TCNS Clothing Stake for Rs...
TA Associates has sold a 4.3% stake in TCNS Clothing Co for Rs 159 crore through an...
Kirloskar Oil Engines Q1 Profit Up 7% to Rs 117...
Kirloskar Oil Engines reported a 7% rise in standalone net profit to Rs 117 crore in...
![GIFT City & NFSU...](https://im.rediff.com/80-80/money/2014/jun/23gift1.jpg)
GIFT City & NFSU Partner for Corporate...
GIFT City in Gandhinagar has partnered with the National Forensic Sciences University...