JMC Projects (India) reports 50% fall in Q1 net profit

04 Aug 2012

JMC Projects (India) has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a fall of 49.87% in its net profit at Rs 3.99 crore for the quarter, as compared to Rs 7.96 crore for the same quarter in the previous year.  However, total income of the company has increased by 51.73% to Rs 570.24 crore for the quarter under review as compared to Rs 375.82 crore for the quarter ended June 30, 2011.

JMC is one of the few construction companies certified under ISO 9001:2000 quality management system by TUV Management Services of Germany. The company is mainly engaged in the construction of industrial and residential buildings and also power and infrastructure development projects.

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