Kalpataru Projects International Limited (KPIL) has declared winning new orders of ₹6.21 billion (₹621 crore), further consolidating its leadership position in the engineering and construction industry. The new win is the latest addition to the company's strong order intake for FY25, which has now reached ₹24,850 crore.
The new orders are across KPIL's core business segments:
Transmission and Distribution (T&D) projects domestic and overseas
Buildings and Factories (B&F) orders from India
Manish Mohnot, MD & CEO, KPIL, was optimistic about the growth trend of the company, saying, "Our T&D order book keeps growing on the back of increasing power demand, fast growth in renewable energy and emphasis on T&D infrastructure upgradation." He further noted that orders in B&F are repeat orders from previous customers, reflecting KPIL's excellent history of delivering projects.
This order victory comes on the heels of KPIL's last quarter financial performance, wherein it achieved a revenue growth of 17.1% to ₹5,732.5 crore for Q3 FY25. KPIL's spread of more than 30 countries across various projects makes it best suited to deliver consistent growth in the infra space.
Sources: Economic Times, Business Standard, CNBC TV18; March 31, 2025