J Kumar Infraprojects on October 31 revised its order book guidance upward by ₹3,000 crore, taking the overall order book expectation for FY24 to ₹15,000-16,000 crore.

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Kamal Gupta, Managing Director at J Kumar told CNBC-TV18 that keeping in view an inflow of around ₹7,188 crore in FY24 so far and the new order, J Kumar Infraprojects looks on track to achieve a 15-17% revenue growth in FY25.

The company's recent orders include the Chennai Elevated Corridor, a double-decker flyover project from Maduravoyal to Chennai Port, commissioned by the National Highways Authority of India (NHAI), with an estimated cost of ₹3,570 crore. The second major order comes from the Brihanmumbai Municipal Corporation (BMC) for the Goregaon Mulund Link Road (GMLR), a twin tunnel project stretching from Goregaon to Mulund -- heralded as India's largest road tunnel.

Gupta highlighted that the bidding pipeline also looks healthy with the company planning to bid for around ₹25,000-30,000 crore of projects in the next 6-9 months.

However, the company's stock has been on a decline and the latest announcements also failed to cheer investors. The stock has lost more than 7% over the past month and more than 3% in the last week.

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(Edited by : Shweta Mungre)