Shares of J. Kumar Infraprojects surged by 3.5% on October 29, buoyed by the company's impressive quarterly earnings for Q2FY25. This rise is a significant signal for those involved in share market investment.
Strong financial performance
The company's consolidated net profit jumped by 23% year-on-year to ₹90.2 crore, showcasing robust financial health. Additionally, revenue from operations increased by 17% to ₹1,292 crore. By 12:40 PM, J. Kumar Infra shares were trading at ₹746, reflecting an overall gain of 25% year-to-date. This performance notably outpaces the Nifty 50's 12% rise, making it an appealing option for share market investment.
Moreover, the company reported an 18% year-on-year increase in EBITDA to ₹188 crore, with EBIT rising by an impressive 26% to ₹155 crore. The debt-to-equity ratio remains manageable at 0.28x as of September 30, which further enhances its attractiveness for potential investors.
Diversified project portfolio
As of the end of Q2, J. Kumar Infra boasts a total order book of ₹18,721 crore, featuring a diverse range of projects, including metro developments (both elevated and underground), elevated corridors, flyovers, roads, and road tunnels.
"We remain committed to strategically expanding and diversifying our project portfolio, leveraging our robust technical capabilities," stated Kamal J. Gupta, Managing Director of J. Kumar Infra. This focused approach positions the company for sustainable growth and long-term success, which is crucial for anyone considering share market investment.
Key takeaways