The fall is due to increased competition in transmission projects, higher interest costs and volatile commodity prices, a company release said.
KPTL reported a profit before tax margin of 12 per cent.
The company is planning expansion overseas to continue its growth momentum, besides increasing the tower manufacturing capacity by 24,000 MT to 1,08,000 MT per annum. KPTL has also forayed into the telecom sector for turnkey jobs.
It expects a growth of 25 per cent in the next financial year.
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The infrastructure division of the company has grown 20 per cent in the last one year and revenues have reached Rs 180 crore from Rs 145 crore last year.
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