Jyoti Structures spurts after securing Rs 949 crore Power Grid orders

Jyoti Structures jumped 11.26% to Rs 9.09 after the company announced that it had received project award notifications from Power Grid Corporation of India for transmission line projects in Rajasthan.

The orders, valued at a combined Rs 949.35 crore, exclude goods and services tax (GST), the company said in an exchange filing dated 26 October 2026.

The contracts cover the ?800 kV HVDC Bipole Barmer-II and South Kalamb transmission lines under packages TL01 and TL02. The scope of work includes the supply, erection, testing and commissioning of the transmission lines on a total turnkey basis.

The first lot is valued at Rs 474.85 crore, excluding GST, while the second lot is worth Rs 474.50 crore, excluding GST. Both projects have a completion period of 38 months from the date of the notice of award.

Earlier, the company announced receiving a Rs 689.93 crore order, excluding GST, from Gujarat Energy Transmission Corporation Limited (GETCO) on 23 October 2026 for the 765 kV DC Pachchham-Saykha transmission line project in Gujarat. The contract covers design, testing, supply, erection and commissioning on a total turnkey basis, with completion scheduled within 42 months from the date of the Letter of Award. The company also recently inaugurated a dedicated project office in Ahmedabad to strengthen coordination and execution of its ongoing and future transmission projects in Gujarat.

Jyoti Structures is an engineering, procurement and construction company with experience in the power transmission sector. The company provides turnkey solutions across design and engineering, consultancy, prototype tower testing, manufacturing, construction and project management. Its capabilities include high-voltage transmission lines, substations, underground cabling and optical ground wire (OPGW) projects in India and international markets.

On a consolidated basis, Jyoti Structures' net profit surged 74.37% to Rs 19.46 crore while net sales rose 61% to Rs 251.46 crore in Q1 June 2026 over Q1 June 2025.

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