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Kalpataru Projects Secures Orders Across Key Sectors Worth ₹2,174 Crore

Updated on: Dec 6, 2024, 4:46 PM IST
Kalpataru Projects International Ltd. won ₹2,174 crore orders, including metro rail, transmission, and residential projects.
Kalpataru Projects Secures Orders Across Key Sectors Worth ₹2,174 Crore
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Kalpataru Projects International Limited (KPIL), a leader in Engineering, Procurement, and Construction (EPC) services, has announced securing new orders worth ₹2,174 crores. These orders signify the company’s strong foothold in multiple business segments, further solidifying its leadership position in the EPC domain. The share price of Kalpataru Projects International Ltd. closed higher at ₹1,271.25 on the NSE as of December 6, 2024.

Order Highlights

  1. Elevated Metro Rail Project: A significant order for the design and construction of an elevated metro rail project in India, highlighting the company’s capabilities in urban infrastructure development.
  2. Transmission & Distribution (T&D): Orders from both domestic and international markets, underlining the robust demand for T&D projects globally.
  3. Residential Building Project: A new residential construction order in India, showcasing the company’s continued strength in the buildings and factories (B&F) segment.

Leadership Commentary

Manish Mohnot, MD & CEO of KPIL, expressed enthusiasm about the latest developments, stating:

“We are happy with the continuous momentum in order inflows, especially in our T&D and B&F businesses. These new orders strengthen our position in the global market and demonstrate growing demand for our services. Additionally, our urban infrastructure business continues to thrive, driven by successful metro rail project wins.”

He also highlighted that the company’s year-to-date (YTD) order inflow has surpassed ₹16,300 crores, with 85% originating from the T&D and B&F segments.

Strengthening a Global Footprint

With a presence in over 75 countries, KPIL has maintained a dominant position in its core business areas. The company’s diverse portfolio includes:

  • Power Transmission & Distribution
  • Buildings & Factories
  • Water Supply & Irrigation
  • Railways
  • Urban Mobility (Flyovers & Metro Rail)
  • Highways and Airports

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Published on: Dec 6, 2024, 4:46 PM IST

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