JMC Projects (India) Limited (JMC), a subsidiary of Kalpataru Power Transmission Limited, one of India’s leading contracting company has secured new orders of Rs. 616 crores in Residential and Commercial projects in South India.
Commenting on the new orders, JMC Projects CEO and Dy MD S K Tripathi said, “We are pleased with the new order wins in our buildings and factory (B&F) business. Most of these new orders are repetitive business from our existing clients, demonstrating JMC’s impeccable reputation for domain expertise, timely delivery and adherence to quality standards.”
With the company’s persistent focus on execution, the management is confident of achieving sustainable and profitable growth in the future.
Shares of JMC Projects (India) surged 11 per cent to Rs 132 apiece in the opening trade on the BSE on Friday post this announcement.