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Kalpataru Projects International Limited (KPIL) recorded an 89% year-on-year increase in its consolidated net profit to INR 237.39 crore for the quarter ended September 2024, supported by a sharp rise in revenue. The company's total income reached INR 6,551.96 crore, up from INR 4,946.98 crore during the same period last year. The growth reflects improved project execution and a steady pipeline across infrastructure and power transmission segments.
Kalpataru Projects International Limited (KPIL) has reported a notable 89% rise in its consolidated net profit, reaching INR 237.39 crore for the September quarter, driven by higher revenues and strong operational performance. In the corresponding quarter last year, the company had posted a consolidated net profit of INR 125.56 crore, according to its recent regulatory filing. Advertisement
The company's total income for the quarter stood at INR 6,551.96 crore, compared with INR 4,946.98 crore during the same period a year ago, marking a healthy increase in business activity across its key segments. This improvement highlights the company's focus on timely execution of large-scale infrastructure and transmission projects, both in India and overseas.
Kalpataru Projects International, a major engineering, procurement, and construction (EPC) player, operates across power transmission, water supply, railways, oil and gas pipelines, and building infrastructure. The company has maintained a strong order book in recent quarters, supported by steady demand in domestic and international markets.
In the past, KPIL has completed several strategic acquisitions and joint ventures to expand its footprint in global infrastructure. The company continues to strengthen its position as one of India's leading infrastructure EPC firms with a growing presence across more than 30 countries.
Source PTI
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