Kalpataru Projects International Limited (KPIL) announced that it had received fresh orders worth Rs 1,008 crore both domestically and abroad. According to a corporate filing with the exchange, on a consolidated basis, order inflows were Rs 5,122 crores in the first quarter of FY 2023–24.
Orders for the T&D (transmission and distribution) division are Rs 635 crore in both domestic and international markets, and Rs 373 crore for civil construction projects in India, the company reported.
"We are pleased to see a consistent influx of new orders, particularly for our B&F and international T&D business," said Manish Mohnot, MD & CEO of KPIL. The local civil sector is expanding steadily, and the overseas T&D sector also appears to have bright growth potential.
KPIL's strong L1 position of more than Rs 5,500 crore guarantees a positive business outlook and gives the company confidence to meet its goal order inflows of more than Rs 26,000 crore for FY24.
One of the largest EPC firms, Kalpataru Projects International Limited (KPIL) specialises in the construction of buildings, industries, flyovers, metro rail, highways, airports, water supply and irrigation systems, and oil and gas pipelines.
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