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JMC secures new orders of Rs. 1,363 crores

JMC secures new orders of Rs. 1,363 crores

JMC Projects (India) has secured new orders of ₹ 1,363 Crores. The projects bagged by the company are Building Projects in South India totalling ₹ 1,169 crores and Water Supply Project in Bihar of ₹194 Crores.

Commenting on securing new orders, S K Tripathi (CEO & Dy. Managing Director) said, "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 ₹ 11,400 Crores and Ll of ₹ 1,700 crores, we remain confident to deliver positive and profitable growth for full year FY21."

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