Shares of Kalpataru Projects International Ltd (KPIL) were trading in the green and 3% higher on 25 June after the company announced securing orders worth Rs 2,333 crore along with its Joint Ventures (JV) and international subsidiaries. 

In its regulatory filing, the company said that they have secured orders in the Transmission & Distribution (T&D) business in India and overseas markets, a residential building order in India, and an engineering, procurement, and construction (EPC) order for an industrial plant in the metal industry. 

Manish Mohnot, MD & CEO of Kalpataru Projects, said, “We are happy with the new order wins in our T&D business, including our largest order in Sweden secured through subsidiary, LMG. The orders in T&D business have enhanced our order book, thereby improving the growth visibility for the T&D business going forward. Our B&F business has further strengthened its capabilities by securing an EPC order in the metal industry from a prestigious client in India.”

Manish added that these orders reaffirm our confidence that the T&D and B&F business will continue to contribute significantly to their growth going forward.

KPIL is one of the leading specialised EPC companies, involved in a wide array of sectors, including Power Transmission and distribution, Buildings and factories, Water Supply and irrigation, Railways, Oil and gas Pipelines, urban mobility (Flyovers and metro Rail), Highways, and Airports. 

The company actively executes projects in more than 30 countries and boasts a global presence in over 70 countries. KPIL has upheld a leadership position across its primary business areas, supported by robust organisational capabilities, advanced technical expertise, and a commitment to best-in-class sustainability standards.

At 11:59 am, the shares of Kalpataru Projects shed all their early gains and were trading 0.49% lower at Rs 1,167.60 on NSE.