Jyoti Structures has announced that it has received two orders valued at Rs 253 crore.

The company has pocketed order worth Rs 160-crore from Uganda Electricity Transmission Company Ltd. The order includes the supply and erection of Bujagali Interconnection Project, and the construction of transmission lines and substations by the next 24 months.

In addition, the company's JV company Jyoti Structures Africa (Pty) has received an order worth Rs 930 million from Eskom Enterprises (Pty), the electricity utility of South Africa for construction of transmission line.

The order involves implementation of 114Km of 765KV single circuit transmission Line Construction from Majuba to Umfolozi. The order is to be fulfilled in 13 months.

For the quarter ended in March, 2007, Jyoti Structures has posted a 53.31% increase in net profits to Rs 159.33 million, as against Rs 103.93 million for the quarter ended in March, 2006. Net Sales arose 28.76% to Rs 3043.40 million for the quarter ended March, 2007 from Rs 2363.68 million for the quarter ended March 2006.

In noon trading (1:38 pm), the shares of the company gained Rs 6.8% at Rs 166.50 on the Bombay Stock Exchange (BSE).