Kalpataru Projects International Limited (KPIL), the bomb infrastructure EPC company, just dropped its Q3 & 9M FY24 results, and they’re straight fire. In Q3 FY24, KPIL’s revenue shot up by a solid 22.3% to ₹4,896 Crores, all thanks to their dope project execution skills.
Their EBITDA also saw a hefty growth of 13.4%, hitting ₹424 Crores with an EBITDA Margin of 8.7%. Plus, PBT and PAT ain’t lagging either, growing by 21.4% and 32.1% respectively.
For the 9M FY24, KPIL’s revenue reached ₹13,655 Crores, a dope 19.0% YoY growth. EBITDA hit ₹1,176 Crores with a tight margin of 8.6%, while PBT and PAT grew by 14.0% and 17.6% YoY.
KPIL ain’t playin’ when it comes to bagging orders. They scored ₹380 Crores in Q4 FY24 alone, making their YTD FY24 order inflow a hefty ₹18,065 Crores. Plus, their order book be stacking at ₹51,753 Crores as of Dec 31, 2023, with an extra ₹6,000 Crores in the L1 position.
Manish Mohnot, the MD & CEO at KPIL, straight up said, “KPIL has delivered another quarter of strong performance driven by robust project execution and record order book. The last few quarters are one of our best quarters in terms of business development. With order wins and L1 of nearly ₹24,000 Crores, we closed last quarter with an all-time high order book of ₹51,753 Crores. We have made notable strides by securing large size EPC projects in the T&D, B&F and Urban Infra business. These project places us favourably to take advantage of the huge infra development push happening in India and overseas market. Our robust order book, established capabilities and healthy tender pipeline, gives us confidence to deliver profitable growth in the coming quarters and achieve our vision for 2025.”
