Mumbai, February 17, 2017 (GPN) : J. Kumar Infraprojects Ltd. (JKIL), one of the India’s largest pure play civil construction & engineering contractors with large presence in transportation segment, has declared its financial results for the third quarter and nine months ended December 31, 2016.

 

The company reported Net Profit of Rs. 26.54 crore for Q3FY17, up by 10.19%, as compared to Rs. 24.08 crore in the corresponding quarter of last fiscal.

 

Total Income for the quarter ended December 31, 2016 stood at Rs. 369.04 crore, as compared to Rs. 310.28 crore in the same period last year. JKIL’s Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q3FY17 stood at Rs. 69.40 crore, as compared to Rs. 59.28 crore in Q3FY16. The company’s EBITDA margin and PAT margin stood at a robust 18.80% and 7.19 % respectively in Q3FY17.

 

For the nine months ended December 31, 2016, JKIL’s net profit jumped by 7.21 % to Rs. 79.24 crore, as compared to Rs. 73.91 crore of the year ago period.

 

Total Income for 9MFY17 stood at Rs. 1082.04 crore, as compared to Rs. 1004.68 crore during 9MFY16. JKIL’s EBITDA in 9MFY17 stood at Rs. 205.91 crore, as compared to Rs. 192.57 crore in 9MFY16.

                                                                                                                  

JKIL’s order book as on December 31, 2016 stood at Rs. 9693.04 Crore.

 

Commenting on the financial performance of the company Mr.  Kamal J. Gupta, Managing Director, J. Kumar Infra Projects Limited, said, “We are pleased with our performance in this quarter, as the focus on execution has started delivering results. The execution process will receive even more impetus as we move forward to complete our projects within the prescribed time-line. We are confident of maintaining our operating margins going forward. We have a healthy order book and would be concentrating only on getting incremental orders from here on.”

About J. Kumar Infra Projects Limited(http://www.jkumar.com; BSE: 532940; NSE: JKIL)

 

J. Kumar Infraprojects Ltd. (JKIL), is one of the India’s largest pure play civil construction & engineering contractors with large presence in transportation segment. While JKIL has presence across multiple sectors such as civil construction, irrigation and piling; it has primarily maintained its focus on the transportation space and has built strong expertise in building variety of structures. The Company designs and constructs metros, roads, bridges, flyovers, subways, over bridges, skywalks and railway terminus/stations, as per client’s specifications on turnkey basis. JKIL has maintained focus and managed to create a strong foothold in the EPC space. JKIL is significantly backward integrated with owned machineries such as tunnel boring machines, excavator, hydraulic piling rigs, automatic concrete batching plants, ready-mix concrete plants, transit mixers, auto launching tower cranes etc. – thus enabling the Company to take up infrastructure projects of different specifications.