The company has secured orders for its T&D business of Rs 1,993 crore in India and overseas markets. It has also received contracts for its B&F business in India of Rs 224 crore.

Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the significant order wins, resulting in our total order inflows reaching Rs 10,616 crore in the current financial year.

Our flagship T&D business have secured noteworthy order inflows of around Rs 5,400 crore till date in FY24, which provides good visibility for growth going forward. We also have an additional L1 position of about Rs 4,000 crore largely spread across T&D, B&F and Water business.”

Kalpataru Projects International (formerly known as Kalpataru Power Transmission) is a leading player in the domestic transmission and distribution (T&D) sector. The company undertakes turnkey contracts for setting up transmission lines and substations for extra-high-voltage power transmission. Over the years, it has diversified into civil contracts, railways, and oil and gas pipeline construction.

The company reported 42% increase in consolidated net profit to Rs 115 crore on 15.3% rise in net sales to Rs 4,241 crore in Q1 FY24 over Q1 FY23.