The rise in the Kalpataru Projects share price came after it announced that the company, along with its international subsidiaries have secured new orders of Rs 2,306 crore
Kalpataru Projects International Ltd (KPIL) on Thursday announced securing new orders worth Rs 2,306 crore in the domestic as well the international markets, taking its total order book to Rs 22,500 crore. The international orders have been bagged by its transmission & distribution (T&D) business, while the buildings business has got orders in India, KPIL said in a statement. The company along with its international subsidiaries have secured new orders/notification of Rs 2,306 crore, it said. "The T&D business continues to remain robust with strong tendering activity globally on the back of rising power demand, rapid expansion of renewable energy and focus on improvement of grid infrastructure. "The order in the B&F business has helped us to further strengthen our market position. With these new orders, our order intake till date in FY25 has reached around Rs 22,500 crore, providing us with a good visibility of growth in the coming quarters," said Manish Mohnot, MD ...
KPIL's Ebitda margin for Q3FY25 was recorded at 8.4 per cent, a slight decrease from 8.6 per cent in the corresponding period last year
Shares of Kalpataru Projects International Ltd (KPIL) rose 2.79 per cent at Rs 1,312 a piece on the BSE in Friday's intraday trade
Shares of Kalpataru Projects International Ltd (KPIL) gained 3.3 per cent at Rs 1340.95 a piece on the BSE in Wednesday's intraday trade
Shares of civil construction company Kalpataru Projects International surged 4.81 per cent at Rs 1,234.85 per share on the NSE
Kalpataru Projects International Ltd (KPIL) on Monday reported about 40 per cent rise in consolidated net profit to Rs 125.56 crore in the September quarter aided by higher income. It had posted a net profit of Rs 89.89 crore in the July-September period of the preceding 2023-24 fiscal year, the company said in an exchange filing. Its total income rose to Rs 4,946.98 crore from Rs 4,530.49 crore in the year-ago period. The company's expenses were at Rs 4,758.96 crore as against Rs 4,398.06 in the same quarter of the previous fiscal year. During the quarter, the company signed binding agreements for the sale of Vindhyachal Expressway for enterprise value of Rs 775 crore. The deal is expected to close in FY26, subject to requisite approvals and closing adjustments. In the April-September period, the company posted a net profit of Rs 249 crore compared to Rs 239 crore in the year-ago period. The company's net debt stood at Rs 2,793 crore at the end of the second quarter. In a state
Kalpataru Projects share rose after the company entered into a definitive agreement for sale of its entire 100% stake in Vindhyachal Expressway, a WOS, to Actis Atlantic for an est EV of Rs 775 crore.
The Kalpataru Projects International share rose after the company announced that it has been awarded new orders worth Rs 1,241 crore.