Jkumar Infraprojects shines after bagging new order
DSIJ Intelligence / 25 Nov 2016
Jkumar Infraprojects (JKIL) -CRTG joint venture has bagged orders of Rs 1344.93 crore from Delhi Metro Rail Corporation (DMRC) for Phase- 2 city metro and others of Rs 449.19 crore.
Jkumar Infraprojects (JKIL) -CRTG joint venture has bagged orders of Rs 1344.93 crore from Delhi Metro Rail Corporation (DMRC) for Phase- 2 city metro and others of Rs 449.19 crore.
Out of the total project work, Rs 680.87 crore has been awarded for design and construction of viaduct and 9 elevated stations. The list of elevated stations include Dahisar East, Anand Nagar, Rushi Sankul, I C Colony, Don Bosco, Shimpoli, Mahavir Nagar and Kamraj Nagar for chainage 414.53 m to 8283.501 m.
The company has allotted Rs 704.06 crore for other part of the project. JKIL will do design and construction of elevated stations viz. Charkop, Malad Metro, Kasturi Park, Bangur Nagar, Goregaon Metro, Adarsha Nagar, Shastri Nagar and DN Nagar.
On the financial front, JKIL’s revenue has increased by 10.94 per cent to Rs 403 crore in Q1FY17 as compared to same period in previous financial year. The company’s EBITDA too has risen by 5.7 per cent to Rs 74.15 crore in Q1FY17 on a. yearly basis. Its net profit also has increased by 15.63 per cent to Rs 29.52 crore in Q1FY17 as compared to same period in previous fiscal year.
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