J Kumar Infraprojects shares surge 4% as revenue jumps 22% YoY to Rs 1486.9 crore in Q3

J Kumar Infraprojects witnessed a notable 4% surge in its stock price following the release of its Q3 results, reflecting strong financial performance and execution efficiency. As of 1:49 PM, the shares were trading 4.15% higher at Rs 721.20.

J Kumar Infraprojects reported a net profit of ₹99.7 crore, marking a 20.7% year-on-year increase from ₹82.6 crore. Revenue from operations saw a significant 22% jump to ₹1,486.9 crore, compared to ₹1,218.7 crore in the previous year, showcasing its strong order execution. EBITDA rose to ₹218.6 crore, a 21.9% YoY increase, while the EBITDA margin remained stable at 14.7%, underscoring its ability to maintain profitability despite rising input costs.

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The company attributed its stellar growth to efficient project execution and a strong project pipeline. With India’s infrastructure sector receiving continued government support, J Kumar Infraprojects is well-positioned to capitalize on metro and road development projects.

Kumar Infraprojects’ shares opened today at ₹693.05, reaching a high of ₹732.00 and a low of ₹693.05. The stock’s 52-week high stands at ₹936.80, while the low is ₹536.10.

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