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The secured projects include designing and constructing an elevated metro rail project in India, multiple orders in the Transmission & Distribution (T&D) sector across domestic and international markets, and a residential building project in India.
Manish Mohnot, MD and CEO of KPIL, said, “We are happy with the continuous momentum in order inflows, especially in our T&D and B&F business. The orders in the T&D business have further strengthened our order book in India and international markets, reflecting robust demand for T&D projects globally.
Also Read: Kalpataru Projects secures T&D, residential building projects worth ₹2,273 crore
He said KPIL continues to reinforce its B&F market position with new orders from existing clients. “Additionally, our urban infrastructure business has seen good growth in the recent past, driven by a series of successful order wins in the metro rail segment.”
Mohnot said with the new orders, the company’s year-to-date (YTD) inflow stands at over ₹ 16,300 crores. “More importantly; nearly 85% of order intake to date is from our T&D and B&F business,” he said.
KPIL reported a 39.7% year-on-year (YoY) surge in net profit at ₹125.6 crore for the second quarter that ended September 30, 2024. In the corresponding quarter of the previous fiscal, the company posted a net profit of ₹90 crore.
Also Read: Kalpataru Projects bags new orders worth ₹2,333 crore
Revenue from operations increased 9.1% to ₹4,930 crore against ₹4,518.4 crore in Q2 of the preceding fiscal, led by robust execution and a healthy order backlog. At the operating level, EBITDA jumped 83.8% to ₹438.3 crore in the second quarter of this fiscal over ₹238.4 crore in the year-ago period.
Shares of Kalpataru Projects International Ltd ended at ₹1,272.35, up by ₹20.00, or 1.60% on the BSE.
