Kalpataru Projects International on Thursday reported a marginal dip of 3 per cent in consolidated net profit to Rs 139.59 crore in the December 2024 quarter.
The company had a consolidated net profit of Rs 144.07 crore in the quarter ended December 31, 2023, the company said in a regulatory filing. The total income of the company rose to Rs 5,742.76 crore in the quarter under review, from Rs 4,909.95 crore in the same period a year ago.
The board also approved the re-appointment of Manish Mohnot as the Managing Director & CEO of the company for a period of three years commencing from April 1, 2025 up to March 31, 2028 (both days inclusive), subject to approval of shareholders.
It also approved the appointment and designation of Deepak Sharma, President, Group Procurement & Supply Chain Management as Senior Management Personnel of the company effective from February 13, 2025.
“We have delivered noteworthy performance in Q3 FY25, with consolidated revenue growth of 17 per cent, an EBITDA margin of 8.4 per cent, and YTD (year-to-date) order inflows, including L1, exceeding Rs 22,600 crore,” Mohnot said.
According to the statement the company received additional new orders, including international subsidiaries, worth Rs 820 crore till date in Q4 FY25 (January-March 2025).
The order book grew by 19 per cent year-on-year to Rs 61,429 crore as on December 31, 2024.
Net Debt stood at Rs 2,694 crore as on December 31, 2024, it stated.
Kalpataru Projects International is one of the largest specialized EPC companies engaged in Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports.
KPIL is currently executing projects in over 30 countries and has a global footprint in 75 countries.
