J Kumar Infraprojects PAT grows to Rs 1 billion in March 2024 quarter

29 May 2024 CW Team

EPC firm J Kumar Infraprojects Ltd (JKIL) announced a noteworthy 35% surge in its consolidated profit after tax, reaching Rs 996.8 million during the March 2024 quarter, primarily attributed to increased income. This marked a significant uptick from the Rs 738.6 million profit after tax (PAT) recorded in the corresponding period last year, according to the company's regulatory filing.

The company's total income also witnessed a notable rise to Rs 14.33 billion in the January-March period compared to Rs 11.43 billion a year ago. Concurrently, expenses climbed to Rs 12.99 billion from Rs 10.43 billion in the final quarter of FY23.

For the entire fiscal year, JKIL's PAT expanded to Rs 3285.9 million, surpassing the Rs 2.74 billion recorded in FY23. Moreover, the company's board declared a dividend of Rs 4 for the financial year 2023-24.

As of March 31, 2024, JKIL's total order book stood impressively at Rs 210.11 million, encompassing metro projects, elevated corridors/flyovers, roads, and road tunnel projects. Kamal J Gupta, MD, JKIL, expressed confidence in the company's future performance, citing significant achievements including the substantial growth of the order book, revenue, and margin expansion. Additionally, he highlighted improvements in the working capital cycle due to a considerable reduction in receivable days.

With a robust order book and execution capabilities, JKIL anticipates setting new performance benchmarks in the upcoming years. (ET Infra)

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..