Kalpataru Projects International is a leading player in the domestic 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.

The scrip fell 0.22% to currently trade at Rs 640.30 on the BSE.