DSIJ Mindshare

The company’s highest contributing segment, Cranes has registered 51 per cent growth in the revenue. Other segments like Construction equipment and Agri equipment also increased in terms of revenue by 15 per cent and 18 per cent, respectively. Whereas, its material handling segment registered marginal decline in its revenue by 4.5 per cent.

Mumbai-based construction company, J Kumar Infraprojects announced that it received a Letter of Acceptance (LoA) from Mumbai Metropolitan Region Development Authority (MMRDA) on Monday.

After two consecutive weekly downbeats, the Indian stock markets kicked-off the week with a spike. The benchmark indices surged 2.2 per cent with Nifty and Sensex gaining 229 and 745 points, respectively from their previous close.

Capacit'e Infraprojects informed the bourses that it has received a repeat order amounting to Rs. 705 crore from Oberoi Realty. This order comprises of construction of Oberoi Garden City- Phase 3 comprising of 5 towers of 66 floors each located at Goregaon East, Mumbai.

The PAT for the quarter came in at Rs. 6.47 crore as against Rs. 2.26 crore in the corresponding quarter last year, yoy increase of 186.3 per cent. This was due to a decline in interest expenses by 31.7 per cent yoy.