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Phase 2A and Phase 7 of Mumbai Metro to be completed soon

2021-11-17

The two phases of the Mumbai Metro project, Phase 2A and Phase 7, are soon to be completed.

J Kumar Infra is handling two projects, its Managing Director, Kamal Gupta, told the media that the company's quarterly performance revealed that both these projects should be made operational by January-February 2022.

He added that they are expecting to start the two lines by January or February 2022.

The metro project?s phase 2A runs from Dahisar, and Phase 7 runs along Mumbai's Western Highway from Dahisar East to Bandra East and the partial opening will be till Andheri East. Phase 2A is 18.5 km long with 17 stations, and Phase 7 is 16.4 km long with 13 stations.

J Kumar Infra witnessed a 62% year-on-year (YoY) growth during the September-end quarter.

Gupta said that the company's order book till 30 September was Rs 11,200 crore, and the metro comprises around 58% of the order book. This year, the company had an order inflow of Rs 1,500 crore and expected Rs 2,000-2,500 crore by FY22. It expects a topline of Rs 3,200-3,500 crore.

He said that the company is expecting a compound annual growth rate (CAGR) growth of 12-15% YoY and a topline of Rs 5,000 crore by FY25.

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Also read: Trials for Mumbai Metro line 3 to begin by early 2022: MMRCL