Kalpataru Projects secures ₹2,306-crore orders in India and overseas

Kalpataru Projects International Ltd (KPIL) on Thursday (March 6) said the company, along with its international subsidiaries, has secured new orders and notifications of awards worth ₹2,306 crore.”Kalpataru Projects International Limited (KPIL), along with its international subsidiaries, have secured new orders/notification of awards of ₹ 2,306 Crores,” the company said in a stock exchange filing.

The fresh orders include transmission and distribution (T&D) projects in the overseas market and building projects in India.
Also Read: Kalpataru Projects bags orders worth ₹2,174 crore for metro, power & building projectsManish Mohnot, MD and CEO of Kalpataru Projects International, said, “The order inflows in the T&D business have strengthened our T&D order book and improved our presence in key overseas markets. 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 ₹ 22,500 crore, providing us with a good visibility of growth in the coming quarters,” he added.

Also Read: Kalpataru Projects Q3 Results | Net profit flat at ₹142 crore; Manish Mohnot reappointed as MD and CEO

Shares of Kalpataru Projects International Ltd ended at ₹915.65, up by ₹17.90, or 1.99%, on the BSE.