Kalpataru Projects International Limited (KPIL) announced on Wednesday that it, along with its joint ventures and international subsidiaries, has secured new orders totaling Rs 2,273 crore. The orders span the Transmission & Distribution (T&D) sector in both India and overseas, as well as residential building projects within India.
Manish Mohnot, Managing Director & CEO of KPIL, expressed enthusiasm for the company’s growing order pipeline, stating, “We’re pleased with the steady flow of new orders. Our T&D business, particularly in India, is experiencing strong momentum, and our recent wins in the Buildings & Factories sector further strengthen our presence in the residential building market. With these orders, our year-to-date inflow has reached approximately Rs 14,100 crore, with around 56% of this coming from our T&D division.”
In Q2 of FY2024, KPIL reported a 39.7% year-over-year increase in net profit, reaching ₹125.6 crore, up from ₹90 crore in the same period last year. Revenue from operations rose by 9.1% to ₹4,930 crore, compared to ₹4,518.4 crore in the previous year’s quarter. EBITDA saw a substantial increase of 83.8%, rising to ₹438.3 crore from ₹238.4 crore in the prior-year quarter.
KPIL, a specialized EPC company, operates across Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility, Highways, and Airports. With ongoing projects in over 30 countries, KPIL’s global reach extends across 74 nations.
Kalpataru Projects International Limited (KPIL) is a leading engineering, procurement, and construction (EPC) company with a strong presence in diverse sectors such as Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility, Highways, and Airports.
With a significant portfolio of projects, KPIL operates in over 30 countries and has a footprint spanning 74 nations, reflecting its extensive global reach and expertise. Known for delivering large-scale infrastructure solutions, KPIL is committed to engineering excellence, innovation, and sustainable growth. Through its joint ventures and subsidiaries, KPIL continues to secure high-value contracts, particularly in the Transmission & Distribution segment, while expanding into sectors like residential construction to enhance its market position. Under the guidance of its leadership, KPIL is focused on advancing its portfolio of critical infrastructure projects worldwide, contributing to economic growth and improved infrastructure in diverse regions.
