Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has won orders worth Rs 1,554 crore. The orders include those from India, CIS and Latin America in the power transmission business, KPTL said in a statement. Besides, KPTL s international subsidiary has secured new power transmission projects in Europe. These new order wins help us to strengthen our power transmission order book in India and overseas market. Our current year order inflow has reached around Rs 8,000 crore and additionally we have good visibility across all our businesses. Our order book visibility with low debt gives us confidence of growth from long-term perspective, KPTL Managing Director and CEO Manish Mohnot said.
Infrastructure major Kalpataru Power Transmission Ltd (KPTL) has posted more than two-fold jump in consolidated net profit to Rs 308 crore for the December quarter. The company said its revenue grew by 11 per cent year-on-year to Rs 3,501 crore in Q3 FY21 while core earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 383 crore with margin of 10.9 per cent. Significantly, KPTL s standalone net debt declined by 39 per cent to Rs 612 crore and consolidated net debt by 36 per cent to Rs 2,343 crore as December 31, 2020 due to better collections and efficient working capital management. The company s order book stands at Rs 27,532 crore. The board of directors has recommended a dividend of Rs 8.50 per share (that is 425 per cent) for face value of Rs 2 per share.
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