The company said it won the orders, along with its subsidiaries, in the transmission and distribution business.
The orders include:
- 400kV transmission line and associated substations in Africa.
- Transmission line projects in India.
- Substation project in Sweden.
“With these wins, we have surpassed our annual order intake target of ₹26,000 crore,” Manish Mohnot, the company’s MD and CEO, said.
The transmission and distribution and buildings and factories businesses account for nearly 50% and 40% of the company’s FY26 inflows year-to-date, respectively, he added.
Kalpataru Projects reported a 7% increase in its third quarter net profit to ₹152 crore from ₹142 crore in the previous year.
Its revenue increased was up 16.3% in the quarter under review at ₹6,665 crore from ₹5,732 crore in the previous year.
The company’s earnings before interest, tax, depreciation and amortization (EBITDA) increased 7.2% to ₹512.7 crore while margins contracted to 7.7% from 8.3% in the year-ago period.
Shares of Kalpataru Projects gained 5.4% to hit an intraday high of ₹1,073.1 apiece on Tuesday. The stock was up 2.1% at ₹1,039.5 apiece around 9.55 am. It has declined 13.7% in the past month.
Also Read: Tata Power shares gain as it executes power purchase agreement with Gujarat Urja Vikas Nigam for Mundra plant
