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On a consolidated basis, Kalpataru Power Transmission (KPTL) s net profit spurted 1338.5% to Rs 187 crore on 16% increase in net sales to Rs 4,086 crore in Q4 FY21 over Q4 FY20. EBITDA grew 15% Y-o-Y (year-on-year) to Rs 445 crore in Q4 FY21 over Q4 FY20 with EBITDA margin at 10.9% during the quarter. Profit before Tax (PBT) (after exceptions) surged 199% to Rs 283 crore in Q4 FY21 from Q4 FY20 with PBT (after exceptions) margin at 6.9%. The net debt stood at Rs 2,304 crore as on 31 March 2021 as compared to Rs 3,458 crore as on 31 March 2020, registering a 33.37% Y-o-Y fall. Consolidated order book was at Rs 27,900 crore as on 31 March 2021 and L1 at Rs 2,300 crore. ....
Kalpataru Power Transmission rose 3.02% to Rs 375.20 after the company s consolidated net profit surged 132% to Rs 308 crore on 10.7% rise in net sales to Rs 3501 crore in Q3 FY21 over Q3 FY20.Profit before tax grew by 138.4% to Rs 410 crore in Q3 FY21 over Q3 FY20. Current tax expense jumped 76.2% to Rs 74 crore in Q3 FY21 over Q3 FY20. Core EBITDA inched lower to Rs 383 crore in Q3 FY21 from Rs 384 crore in Q3 FY20. Core EBITDA margin dropped by 120 basis points to 10.9% in Q3 FY21 from 12.1% in Q3 FY20. Consolidated order book stood at Rs 27,532 crore as on 31 December 2020. Received orders worth Rs 13,744 crore for YTD FY21, with L1 position of around Rs 3,850 crore. ....
For consideration of USD 8.8 millionKalpataru Power Transmission announced that its wholly owned subsidiary in Brazil namely Kalpataru Power do Brasil Participaes has signed definitive agreement to acquire controlling stake of 51% in Fasttel Engenharia, Brazil (Fasttel) for ~USD 8.80 million, subject to customary adjustments. The acquisition of Fasttel is in line with KPTL s strategy to strengthen its core EPC business and have greater geographical presence in stable and growing markets. The transaction is likely to close by end of Q1FY22. Fasttel, founded in 1988, specializes in Engineering, Procurement, and Construction (EPC) and maintenance of power transmission lines, substation and distribution systems across various voltage ....