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Kalpataru Projects records highest-ever order backlog

 

 

Kalpataru Projects International Ltd (KPIL) has recorded its highest-ever order backlog of over Rs.51,753 crore, as  of December 31, 2023.

According to a media release, this order book was 25 per cent higher than the comparable level as of December 31, 2022. KPIL’s order book had 61 per cent share of domestic projects with 39 per cent coming from international orders Apart from the order book, KPIL was placed L1 with respects to orders worth around Rs.6,000 crore.

 

Large-sized projects

Speaking on the company’s performance, Manish Mohnot, MD & CEO, KPIL, said, “We closed last quarter with an all-time high order book of Rs.51,753 crore. We have made notable strides by securing large size EPC projects in the T&D, B&F and Urban Infra business. These project places us favourably to take advantage of the huge infra development push happening in India and overseas market. Our robust order book, established capabilities and healthy tender pipeline, gives us confidence to deliver profitable growth in the coming quarters and achieve our vision for 2025.”

 

Order inflow

KPIL’s cumulative (year-to-date, YTD) order inflows during FY24 (April 1, 2023 to around February 7, 2024) stood at Rs.18,065 crore that included Rs.17,685 crore in 9MFY24 (April to December) and Rs.380 crore in Q4 (up to around February 7, 2024) of FY24.

The order book and order inflow discussed above includes all the business verticals of KPIL – power T&D, buildings & factories, water, oil & gas, railways and urban infrastructure.

 

Performance of T&D business

Here are some highlights with respect to KPIL’s power transmission & distribution business:

Also read: Kalpataru Projects Reports Order Book Of Over Rs.47,000 Crore

Featured photograph is for representation only.

 

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