Jyoti Structures Ltd Share Price – NSE  / BSE

Capital Goods - Electrical Equipment, Small Cap

Net profit of Jyoti Structures declined 36.96% to Rs 7.06 crore in the quarter ended September 2024 as against Rs 11.20 crore during the previous quarter ended September 2023. Sales rose 31.95% to Rs 107.49 crore in the quarter ended September 2024 as against Rs 81.46 crore during the previous quarter ended September 2023.

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Jyoti Structures will hold a meeting of the Board of Directors of the Company on 6 November 2024

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The project includes surveying, soil investigation, supplying towers, foundation work, commissioning, and the installation and stringing of the LILO for the 765 kV DC Bhuj II-Lakadia transmission line at Navinal, Gujarat, on a turnkey basis.

The project will be executed within 18 months, by April 2026 and the size of contract is Rs 450.01 crore.

Jyoti Structures provides turnkey solutions in the field of power transmission.

Adani Green Energy (AGEL), a part of India-based Adani Group, has one of the largest global renewable portfolios with overall portfolio of 20.4 gigawatt (GW) including operating, under-construction and awarded projects catering to investment-grade counterparties. The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects.

Shares of Adani Energy Solutions slipped 4.42% to Rs 967.80 on the BSE.

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Jyoti Structures has received letter of acceptance from Adani Energy Solutions for Survey, Soil Investigation, Supply of Towers, Foundations, Erection, Stringing and Commissioning of LILO of 765 kV DC Bhuj II-Lakadia transmission line at Navinal, Gujarat on turnkey basis. The value of the work order is Rs 450.01 crore and is to be completed by April 2026.

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