back-office Open An Account
partner-with-us Partner with Us
Corporate Actions
J. Kumar Infra jumps on bagging orders worth over Rs 2,480 crore from Mumbai authorities

23-Apr-26   14:31 Hrs IST

The company has received a letter of acceptance (LoA) from Mumbai Metro Rail Corporation for the design and construction of a pedestrian vestibule underground connecting the Science Centre Metro station and Worli Promenade through Mahalaxmi Racecourse. The total contract cost for the project stands at Rs 521.77 crore, with a completion timeline of 24 months.

In addition, the company has secured a major contract from the Municipal Corporation of Greater Mumbai for multiple infrastructure works in Malad (West). The project includes construction of vehicular bridges, an elevated road over a nalla, additional connecting arms, and road widening works, along with a separate vehicular bridge connecting Lagoon Road to Infinity Mall.

The total contract value for the MCGM project is Rs 1,965.88 crore, of which J. Kumar Infraprojects' share is 73%, translating to approximately Rs 1,435.09 crore. The execution period for this project is 42 months.

The company clarified that both contracts have been awarded by domestic entities and do not fall under related party transactions. It also confirmed that promoters or group companies do not have any interest in the awarding entities.

These order wins are expected to strengthen the company's order book and enhance its presence in urban infrastructure development, particularly in the Mumbai metropolitan region.

J. Kumar Infraprojects undertakes construction of metro infrastructure, elevated corridors/flyovers, roads and road tunnels, civil works, and water infrastructure.

The company had reported a 17.12% fall in consolidated net profit to Rs 82.85 crore on an 11.81% fall in revenue to Rs 1,311.24 crore in Q3 FY26 over Q3 FY25.

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.