J Kumar Infraprojects raises new orders guidance by ₹3,000 crore

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.

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.