KPIL Secures New Order Worth Rs 1,008 Crores

KPIL Secures New Order Worth Rs 1,008 Crores

On a consolidated basis, the company’s order inflows stand at Rs 5,122 Crores in Q1 FY24.

FPJ Web DeskUpdated: Friday, June 30, 2023, 01:37 PM IST
article-image
KPIL Secures New Order Worth Rs 1,008 Crores |

Kalpataru Projects International Limited (Formerly Kalpataru Power Transmission Limited) & its international subsidiaries have secured new orders/ notification of awards of Rs 1,008 Crores, the company on Friday announced through an exchange filing.

The new order bags in the T&D business of Rs 635 Crores in India and overseas markets Civil works for buildings in India of Rs 373 Crores.

On a consolidated basis, the company’s order inflows stand at Rs 5,122 Crores in Q1 FY24 .

"We are pleased to see a consistent influx of new orders, particularly for our B&F and international T&D business. The domestic civil business is experiencing continuous growth, and we can see promising growth prospects in the international T&D sector. Alongside these order wins, our strong L1 position of ₹ 5,500+ Crores ensures a solid business outlook, giving us confidence in achieving our target order inflows of ₹ 26,000+ Crores for FY24," said Manish Mohnot, MD & CEO, KPIL.

KPIL Shares

The shares of KPIL on Friday at 1:30 pm IST were at Rs 533.60, up by 0.91 percent.

RECENT STORIES

India's Gems & Jewellery Sector Hails Historic US Trade Deal, Zero Tariffs On Diamonds Set To Boost...
India's Gems & Jewellery Sector Hails Historic US Trade Deal, Zero Tariffs On Diamonds Set To Boost...
Pakistan Faces Twin Risks Of Unrest And Mass Migration As Unemployment Deepens
Pakistan Faces Twin Risks Of Unrest And Mass Migration As Unemployment Deepens
Karur Vysya Bank Expands Footprint With Inauguration Of 900th Branch In Chennai
Karur Vysya Bank Expands Footprint With Inauguration Of 900th Branch In Chennai
Zero-Duty Access For 800–1,600 cc US Motorcycles Under India-US Trade Pact To Boost...
Zero-Duty Access For 800–1,600 cc US Motorcycles Under India-US Trade Pact To Boost...
AEPC Welcomes India-US Trade Framework As Textiles And Apparel Sector Set For Major Export Boost
AEPC Welcomes India-US Trade Framework As Textiles And Apparel Sector Set For Major Export Boost