J Kumar Infra Wins ₹1,184 Crore Lucknow Convention Centre Project

INDUSTRIAL-GOODSSERVICES

Overview

J. Kumar Infraprojects has won a major ₹1,184 crore contract to build an exhibition and convention centre in Lucknow. Awarded by the Public Works Department, the engineering, procurement, and construction (EPC) project is due for completion within 24 months and significantly boosts the company's order backlog.

₹1,184 Crore Convention Centre Project Awarded

J. Kumar Infraprojects has been awarded a ₹1,184 crore engineering, procurement, and construction (EPC) contract by Lucknow's Public Works Department. The project entails designing and building a large convention centre capable of hosting 10,000 people. This facility will be situated in Vrindavan Yojna, Sector-15, within Uttar Pradesh's capital city.

Project Details and Timeline

The company received its Letter of Acceptance on April 3, 2026. J. Kumar Infraprojects is set to complete the project within 24 months. The contract value covers all taxes and labour cess, but excludes Goods and Services Tax (GST).

Market Impact and Share Performance

This major contract win is poised to strengthen J. Kumar Infraprojects' order book and improve revenue visibility. In the trading session on Thursday, April 2, J. Kumar Infra's shares closed 0.45% higher. However, the stock has fallen over 20% year-to-date, making this new project a key development for its future performance and investor confidence.

Disclaimer:This content is for informational purposes only and does not constitute financial or investment advice. Readers should consult a SEBI-registered advisor before making decisions. Investments are subject to market risks, and past performance does not guarantee future results. The publisher and authors are not liable for any losses. Accuracy and completeness are not guaranteed, and views expressed may not reflect the publication’s editorial stance.