JMC Projects bags projects worth 698 crore in South India

On Wednesday, Engineering firm JMC Projects said it has bagged orders worth Rs 698 crore in the domestic market. In a filing to the BSE, the company said it has won orders for building projects in South India worth Rs 698 crore.
The company’s CEO and Deputy Managing Director S K Tripathi said, “Our order inflows for the current year has crossed Rs 6,700 crore. We remain confident to achieve our targeted numbers for the financial year 2020-21.”
JMC Projects (India) Limited is owned by Kalpataru Power Transmission Ltd.
“Vardhan Dharkar, Director (Finance) and Chief Financial Officer of the company has tendered his resignation due to personal reasons,” said JMC Projects in a separate filing.
Shares of JMC Projects (India) Ltd were trading 2.33 per cent higher at Rs 68.00 each on BSE.
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