Credit rating agency, India Ratings & Research (Ind-Ra) has affirmed ‘A-’ rating to J Kumar Infraprojects’ (JKIL) Long-Term Issuer. The Outlook is Positive.
The Positive Outlook reflects JKIL's management strategy of diversifying into new geographies and projects with higher complexity which would help the company to achieve higher operating margins on a sustained basis.
J Kumar Infraprojects is engaged in the business of civil engineering construction contractors in Infrastructural projects mainly in roads, flyovers, bridges, commercial and residential buildings, sports complexes, irrigation projects, airport contracts. The company also undertakes the piling of foundation work using hydraulic piling rigs for major projects which are awarded to other contractors.
