J Kumar Infraprojects Reports 18.6% Rise in Consolidated Profit

Construction firm J Kumar Infraprojects Ltd reported an 18.6% rise in consolidated profit after tax, reaching Rs 86.41 crore for the quarter ended June 30, 2024. The company's consolidated income rose to Rs 1,290.3 crore, and the total order book was valued at Rs 19,820 crore.

Construction and infrastructure development company J Kumar Infraprojects Ltd on Tuesday reported an 18.6 per cent rise in consolidated profit after tax (PAT), amounting to Rs 86.41 crore for the quarter ending June 30, 2024.

The company had posted a consolidated PAT of Rs 72.83 crore for the same period last year, according to a regulatory filing.

Consolidated income during the April-June period reached Rs 1,290.3 crore, up from Rs 1,138.3 crore in the corresponding quarter of the previous fiscal year, the filing added.

''Backed by a record order book and our execution prowess, we are confident of setting new performance benchmarks in the future. Our focus on adding and diversifying project portfolios with sound technical capabilities will help improve our margins,'' said Managing Director Kamal J Gupta.

The company's total order book stood at Rs 19,820 crore as of June 30, 2024.

(With inputs from agencies.)