Kalpataru Projects International Ltd (KPIL) and its international subsidiaries on Tuesday (December 31) said they have successfully secured new orders and notifications of awards totalling ₹1,011 crore.
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The new orders span several key sectors, including the transmission and distribution (T&D) business in overseas markets, the railway business in India, and the buildings and factories (B&F) within the country.
“The details of the aforesaid new orders are as follows: orders in the Transmission & Distribution (T&D) business in overseas market; orders in the Railway business in India and orders in the Buildings & Factories (B&F) business in India,” Kalpataru Projects International said in a regulatory filing.
Also Read: Kalpataru Projects secures T&D, residential building projects worth ₹2,273 crore
Manish Mohnot, MD and CEO of Kalpataru Projects International, said, “We are pleased with the strong momentum in order inflows, which has significantly strengthened our order book, with YTD inflows now exceeding ₹17,300 crore. Notably, 85% of these orders, come from our core T&D and B&F businesses.”
“The T&D business has grown steadily in the last three quarters, while the B&F business has strengthened its leadership with new and repeat orders. These achievements further bolster our confidence in achieving sustainable and profitable growth, driven by our robust expertise and leadership in the market,” he added.
Shares of Kalpataru Projects International Ltd ended at ₹1,298.55, up by ₹21, or 1.64%, on the BSE.
Also Read: Kalpataru Projects bags orders worth ₹2,174 crore for metro, power & building projects
(Edited by : Shoma Bhattacharjee)
