Kalpataru Projects International Limited (KPIL) on Friday announced that the company along with its international subsidiaries have secured new orders/notification of awards of Rs 2,038 crore.
In an exchange filing, the company said that the new orders include orders in the Transmission & Distribution (T&D) business in India and overseas market, and building project in India.
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Manish Mohnot, MD & CEO, KPIL, said, “We are pleased with the robust ordering in our T&D business, backed by our strong business capabilities and notable order wins. The continuous order inflows in the T&D business has not only strengthened our T&D order book but also improved our competitive position in key markets.”
With these new orders, the company’s YTD order intake has reached Rs 19,361 crore, reflecting significant uptick in business visibility. “With a robust order book position, proven business capabilities and a promising tender pipeline, we have a good visibility of growth in the coming quarters,” he added.
Earlier in November, Kalpataru Projects had announced that the company along with its Joint Ventures (JVs) and international subsidiaries had secured new orders of awards of Rs 2,273 crore. The orders received were for the Transmission & Distribution (T&D) business in India and overseas market, and residential building projects in India.
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