|
The company secured an orders fpr construction of residential & commercial buildings in India of Rs 1,427 crore. It bagged Railway project in India of Rs 299 crore. Further, it secured oil & gas pipeline project in India of Rs 232 crore. The company has also received an order in transmission and distribution (T&D) business in India and overseas markets of Rs 498 crore.
Commenting on the new order announcements, Manish Mohnot, managing director & CEO, KPTL said: "With these orders, our YTD FY23 order intake stands at Rs 19,487 crore, a growth of over 35% compared to the similar period last year."
Kalpataru Power Transmissions is a global EPC player with diversified interest in power transmission and distribution, oil and gas pipeline, railways and biomass based power generation.
The company's consolidated net profit rose 3.6% to Rs 86 crore on 7% jump in net sales to Rs 3,798 crore in Q2 FY23 over Q2 FY22.
The scrip declined 1.81% to Rs 505.80 on the BSE.
|