Kalpataru Projects International Limited (KPIL) announced today that it has won new orders worth ₹2,273 crore through its joint ventures and international subsidiaries. The orders span across transmission and distribution (T&D) projects in India and overseas markets, along with residential building projects in India.
The shares of Kalpataru Projects International Limited (KPIL) were trading at ₹1,206.20 down by ₹35.45 or 2.86 per cent on the NSE today at 10.20 am.
The new contracts have pushed KPIL’s year-to-date order inflow to approximately ₹14,100 crore, with the T&D business accounting for 56 per cent of the total orders received so far.
“We are delighted with the continuous inflow of orders,” said Manish Mohnot, MD & CEO of KPIL, noting the company’s strengthening position in both T&D and residential building sectors.
KPIL, formerly known as Kalpataru Power Transmission Limited, operates as a specialized EPC company with diverse operations across power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility, highways, and airports.
The Mumbai-headquartered company currently maintains operations in over 30 countries and has established a global presence across 74 nations. KPIL has positioned itself as a market leader in its major business segments, supported by its organizational capabilities and technical expertise.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.