Kalpataru Power Q3 net up 121% at Rs 44 cr

Kalpataru Power Transmission (KPTL)'s Profit After Tax (PAT) has vaulted 121 per cent at Rs 44-crore in Q3 FY 10.

The company had clocked a PAT of Rs 20-crore in the year-ago period.

Revenue in Q3 FY 10 increased by 72 per cent to Rs 716-crore as compared to Rs 417-crore in the year-ago period, a press release issued here today stated.

Kalpataru's present order-book stands in excess of Rs 5,200-crore, excluding L1 bids, the release said.

KPTL is a turnkey player in design, fabrication, construction and erection of transmission lines and sub-station structures.

The company's subsidiary, JMC Projects (India), posted a net profit of Rs 8-crore, up 42 per cent over the corresponding quarter of the last fiscal. Its total income for the period stood at Rs 337-crore as against Rs 310-crore in the year-ago period, the release stated.

JMC has an order-book of over Rs 2,600-crore.

KPTL's Executive Director, Manish Mohnot, said, "we have been concentrating on our core verticals and strong thrust on project management and delivery is visible in our results. Given our robust order-book along with the upswing in infrastructure spending, we continue to maintain a positive outlook for the next year."