J. Kumar Infraprojects Reports Robust 10% Growth in H1 FY26 Revenue and Profit

J Kumar Infraprojects , a leading infrastructure development company, has announced strong financial results for the second quarter and first half of fiscal year 2026, demonstrating resilient growth and operational efficiency in a dynamic market environment.

Key Financial Highlights for H1 FY26

Revenue Growth: Consolidated revenue increased by 10% year-on-year to ₹2,826.00 crores, up from ₹2,574.00 crores in H1 FY25.
EBITDA Performance: EBITDA grew by 10% to ₹411.00 crores, maintaining a stable margin of 14.6%.
Profit After Tax: PAT rose by 10% to ₹194.00 crores, reflecting consistent bottom-line growth.
Order Book Strength: The company maintains a robust order book of ₹20,160.00 crores as of September 30, 2025.

Q2 FY26 Performance

For the quarter ended September 30, 2025, J. Kumar Infraprojects reported:

Revenue of ₹1,343.00 crores, a 4% increase from Q2 FY25
EBITDA of ₹195.00 crores, up 3% year-on-year
PAT of ₹91.00 crores, a marginal increase of 0.4% compared to the same quarter last year

Financial Position and Project Diversity

The company's financial position remains strong, with a net cash positive position of ₹124.00 crores as of September 30, 2025. This liquidity provides J. Kumar Infraprojects with the flexibility to pursue new opportunities and manage ongoing projects efficiently.

The order book composition reflects a diverse project portfolio:

Metro projects (elevated and underground): 13%
Elevated corridors and flyovers: 53%
Roads and road tunnels: 17%
Other infrastructure projects: 17%

This diversification helps mitigate risks associated with sector-specific fluctuations and ensures a steady pipeline of projects across various infrastructure segments.

Management Commentary

Kamal J. Gupta, Managing Director of J. Kumar Infraprojects, expressed confidence in the company's performance and future outlook. He stated, "As we wrap up the first half of FY2026, I'm encouraged by the steady progress we've made and the resilience our teams continue to demonstrate. While the first half has been a period of balanced performance, it's also strengthened the foundation for a stronger second half and the years ahead."

Gupta further added, "Our order book remains solid, execution velocity is improving, and our capabilities across key verticals continue to evolve. Each milestone — big or small — reflects the dedication of our people and the trust of our clients and partners."

Future Outlook

The management remains optimistic about the company's growth trajectory, focusing on:

Leveraging the strong order book for sustained revenue growth
Improving execution efficiency to enhance margins
Expanding capabilities in key infrastructure segments
Capitalizing on emerging opportunities in urban infrastructure development

With its strong financial position, diverse project portfolio, and strategic focus on core infrastructure segments, J. Kumar Infraprojects appears well-positioned to capitalize on India's ongoing infrastructure development drive.

Investors and market watchers will likely keep a close eye on the company's execution capabilities and order inflow in the coming quarters, as these factors will be crucial in determining the sustainability of its growth momentum in a competitive infrastructure sector.

Key Financial Metrics (Consolidated)

Particulars (₹ in Cr)	Q2 FY26	Q2 FY25	YoY Change	H1 FY26	H1 FY25	YoY Change
Revenue from Operations	1,343.00	1,292.00	4%	2,826.00	2,574.00	10%
EBITDA	195.00	188.00	3%	411.00	373.00	10%
EBITDA Margin	14.5%	14.6%	-	14.6%	14.5%	-
Profit After Tax (PAT)	91.00	90.00	0.4%	194.00	177.00	10%
PAT Margin	6.7%	7.0%	-	6.9%	6.9%	-

The company's consistent performance across key financial metrics underscores its operational efficiency and ability to navigate market challenges effectively.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.24%	-6.97%	-2.23%	-22.31%	-21.44%	+270.77%

J Kumar Infraprojects Ltd has successfully secured shareholder approval for its ₹800 crore fundraising plan through a postal ballot process. The company announced the voting results on December 29, 2025, following the conclusion of the e-voting period on December 27, 2025.

Postal Ballot Results

The shareholders overwhelmingly supported the capital raising proposal with significant participation across all categories:

Category:	Shares Held	Votes Polled	Polling %	Votes in Favor	Approval %
Promoter Group:	3,52,94,866	3,52,94,866	100.00%	3,52,94,866	100.00%
Public Institutions:	2,15,54,142	1,88,64,199	87.52%	1,61,04,277	85.36%
Public Non-Institutions:	1,88,16,498	56,362	0.29%	54,679	97.01%
Total:	7,56,65,506	5,42,15,427	71.65%	5,14,53,822	94.90%

Financial Performance Overview

The company had earlier reported strong quarterly results that supported the fundraising initiative:

Financial Metric:	Amount (₹ Lakhs)
Revenue from Operations:	1,33,696.98
Profit After Tax:	9,146.36

Fundraising Details

The approved fundraising plan encompasses several key features:

Amount: Up to ₹800 crores through equity shares or other eligible securities
Methods: Public and/or private offerings, preferential allotment, and qualified institutional placement
Tranches: Funds may be raised in one or more tranches
Purpose: Capital expenditure, debt repayment, working capital requirements, and general corporate purposes

Voting Process Timeline

The postal ballot process followed a structured timeline:

Milestone:	Date
Postal Ballot Notice:	November 06, 2025
Record Date:	November 14, 2025
E-voting Period:	November 28 - December 27, 2025
Results Declaration:	December 29, 2025

Market Implications

With 54,910 total shareholders on record and strong approval rates across all categories, the successful postal ballot demonstrates investor confidence in the company's growth strategy. The fundraising initiative positions J Kumar Infraprojects to capitalize on opportunities in India's expanding infrastructure sector, particularly given increased government spending on urban development initiatives.

The voting results and scrutinizer's report are available on the company's website and the National Securities Depository Limited's e-voting platform, ensuring transparency in the approval process.