JMC Projects India reports 42% rise in Q4 consolidated net profit

09 May 2019

JMC Projects (India) has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a rise of 42.07% in its net profit at Rs 48.70 crore for the quarter ended March 31, 2019 as compared to Rs 34.28 crore for the same quarter in the previous year. Total income of the company increased by 29.78% at Rs 943.48 crore for quarter under review as compared to Rs 726.96 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 33.93% in its net profit at Rs 142.13 crore as compared to Rs 106.12 crore for the previous year. Total income of company increased 18.19% at Rs 3,277.65 crore for year under review as compared to Rs 2,773.26 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted around 3-fold jump in its net profit at Rs 76.64 crore as compared to Rs 26.85 crore for the previous year. Total income of company increased by 18.17% at Rs 3,433.56 crore for year under review as compared to Rs 2,905.72 crore for year ended March 31, 2018.

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