Published On:August 12 2020
Story Viewed 1326 Times
JMC secures new orders of Rs. 1,363 Crores.
JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of Rs. 1,363 Crores. The details are as follows:
- Building Projects in South India totaling Rs. 1,169 Crores
- Water Supply Project in Bihar of Rs. 194 Crores
Commenting on securing new orders, Mr. S. K. Tripat hi (CEO & Dy. Managing Director) commented, "We are happy with the new order wins in the face of challenging market conditions. We continue to focus on scaling up our operations and improving our cost competitiveness. We are witnessing continuous improvements in operations and expect execution to normalise at pre-COVID levels by end of Q2FY21. With our order book of over Rs.11,400 Crores and Ll of Rs. 1,700 Crores, we remain confident to deliver positive and profitable growth for full year FY21."
EQUITYBULLS