The company, in an exchange filing, said it had won these orders across the Indian and international markets.
These orders include projects in power transmission and distribution (T&D) business, projects in buildings and factories (B&F) business and projects in oil and gas business.
According to the company’s MD and CEO Manish Mohnot said the company has secured orders worth ₹13,219 crore in the current financial yar, so far.
“Additionally, we are favourably placed / L1 for orders exceeding ₹12,000 crore, giving us strong confidence in achieving our targeted growth numbers,” Mohnot said.
Kalpataru Projects reported its first quarter earnings last month.
Its net profit increased 45% to ₹310 crore from ₹214 crore last year. Its revenue was up 4% at ₹6,4018 crore compared to ₹6,171.2 crore in the previous year.
The company’s earnings before interest, tax, depreciation and amortization (EBITDA) increased 7% in the first quarter to ₹562 crore from ₹525 crore last fiscal.
Its margin expanded to 8.77% from 8.51% in the year-ago period.
Shares of Kalpataru Projects have now moved to the highs of the day, currently trading 0.7% higher at ₹1,422.2. The stock is up 18% so far this year.
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