New Delhi: Kalpataru Energy Transmission Restricted (KPTL) on Friday stated the corporate and its worldwide subsidiaries have bagged orders value ₹1,247 crore within the transmission and distribution (T&D) section.
The orders have been secured in India and abroad markets within the T&D enterprise, the corporate acknowledged in a press launch.
“We’re happy with the brand new order wins in our T&D enterprise. With these new orders, now we have additional strengthen and consolidated our market place in India, SARRC and African markets. We anticipate T&D ordering momentum to stay strong given the thrust on renewables and upgradation of T&D infrastructure in India and Worldwide markets,“ stated Manish Mohnot, managing director & CEO.
With these new orders, the corporate’s 12 months to this point FY23 order consumption has reached ₹17,031 crores at a consolidated stage. “The prevailing order ebook together with our diversified enterprise combine supplies good visibility for progress in coming quarters,” he added.
Kalpataru Energy Transmission is likely one of the largest specialised EPC firms engaged in energy transmission & distribution, oil & fuel pipeline, railways and civil infrastructure enterprise. The corporate is presently executing tasks in over 30 nations and has world footprints in 67 nations.
The corporate’s consolidated internet revenue rose 18.1% to ₹98 crore on 7% rise on internet gross sales to ₹3,798 crore in Q2 FY23 over Q2 FY22.
Shares of Kalpataru Energy ended 0.96% increased at ₹555.10 on the Nationwide Inventory Change on Friday.
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Supply: Live Mint