financetom
Business
financetom
/
Business
/
JMC bags new orders worth Rs 1,262 cr
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
JMC bags new orders worth Rs 1,262 cr
Apr 12, 2021 3:32 AM

Kalpataru Power Transmission arm JMC Projects has won new orders worth Rs 1,262 crore. ”Kalpataru Power Transmission Projects arm JMC Projects , a civil engineering and EPC company has secured new orders of Rs 1,262 crore (received orders of Rs 431 crore in March 2021 and Rs 831 crore in month of April 2021 till date),” a BSE filing said.

The orders include building projects in India of Rs 1,059 crores and water project in Maldives of about Rs 203 crore.

S K Tripathi (CEO and Deputy Managing Director) said, The international order in the Water business is a milestone in our growth journey and marks our entry in Maldives for the first time.

The order in Maldives reinforces our thrust to diversify in the international EPC market. The total order wins for 2020-21 were around Rs 7,900 crore. JMC Projects (India), a subsidiary of Kalpataru Power Transmission Limited, is a contracting company. It provides services across the construction sector for all major industries and project types.

First Published:Apr 12, 2021 12:32 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Amundi's Q1 inflows beat expectations on Asian JV contribution
Amundi's Q1 inflows beat expectations on Asian JV contribution
Apr 25, 2024
PARIS (Reuters) - Amundi, Europe's biggest fund manager, posted better-than-expected first-quarter inflows on Friday thanks to its joint ventures in Asia and continued appetite for risk-averse products that underpinned 9.4% yearly growth of assets under management.  Total AUM at Amundi rose by close to 17 billion euros ($18.23 billion) in the quarter to 2,116 billion euros, setting a new record and...
PRESS DIGEST- Wall Street Journal - April 26
PRESS DIGEST- Wall Street Journal - April 26
Apr 25, 2024
April 26 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Toyota ( TM ) is making a $1.4 billion infrastructure investment in its Indiana plant to further support its electrification efforts in the U.S. - Anglo American is considering a sale of...
Beijing auto show: Themes and highlights
Beijing auto show: Themes and highlights
Apr 25, 2024
BEIJING, April 26 (Reuters) - China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs), underlining how the world's largest auto market is already in an all-electric state of mind, and isn't looking back. Here are the main takeaways: OVERCAPACITY & GEOPOLITICS The last thing China needs is more electric cars crowding...
Safran posts higher Q1 revenue, keeps financial targets
Safran posts higher Q1 revenue, keeps financial targets
Apr 25, 2024
PARIS, April 26 (Reuters) - French jet engine maker Safran posted an 18.1% year-on-year increase in first-quarter revenue and reaffirmed financial targets for the year, while joining its U.S. partner GE Aerospace in lowering a target for engine deliveries. The Paris-based company posted quarterly revenues of 6.22 billion euros ($6.67 billion), up by 19.1% on an underlying basis. The widely...
Copyright 2023-2026 - www.financetom.com All Rights Reserved