KPTL net jumps 50% at Rs 64.53 Cr in April-June quarter

Image
Press Trust of India New Delhi
Last Updated : Aug 12 2016 | 6:48 PM IST
Kalpataru Power Transmission Ltd today posted 50 per cent jump in its standalone net profit at Rs 64.53 crore in the quarter ended on June 30, 2016.
The company's standalone net profit was Rs 43.01 crore in the year-ago quarter.
Total income from operations was Rs 1,187.37 crore in the first quarter of this fiscal compared to Rs 1,193.64 crore year ago, KPTL said in a press release.
The company further said that its subsidiary JMC Projects (India) Ltd has posted a net profit of Rs 11 crore in the first quarter of this fiscal, up 2 per cent from year-ago level.
Commenting on the results, KPTL Managing Director Manish Mohnot said, "We continue to be on track of profitable revenue growth of 20-25 per cent in the current year.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 12 2016 | 6:48 PM IST

Next Story