JNK India Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

Net profit of JNK India declined 36.37% to Rs 7.75 crore in the quarter ended September 2024 as against Rs 12.18 crore during the previous quarter ended September 2023. Sales rose 7.14% to Rs 103.83 crore in the quarter ended September 2024 as against Rs 96.91 crore during the previous quarter ended September 2023.

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JNK India will hold a meeting of the Board of Directors of the Company on 14 November 2024

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JNK India announced that the 14th Annual General Meeting(AGM) of the company will be held on 28 October 2024.

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As per JNK India’s classification, the value of the said contract lies between Rs 150 crore and Rs 350 crore.

The contract is for setting up a new process plant - HP TDAE (Treated Distillate Aromatic Extracts) unit on LSTK (Lump sum Turnkey) contract basis at HPCL Mumbai Refinery.

The company said the order will be completed within 14 months.

JNK India manufactures heating equipment such as process-fired heaters, reformers, and cracking furnaces required in process industries such as for oil and gas refineries, petrochemical and fertilizer industries. Over the years, the company diversified into flares and incinerator systems and has been developing capabilities in the renewable sector with green hydrogen.

The company’s consolidated net profit jumped 56.2%YoY to Rs 16.65 crore in Q4 FY24 Revenue from operations surged to Rs 226 crore in Q4 FY24 as compared with Rs 107.40 crore posted in corresponding quarter last year.

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