- The company’s transmission and distribution (T&D) business has secured orders totalling Rs 1,564 crore in India and overseas markets
- Our YTD FY24 order inflows stands at ~ ₹14,441 Crores, providing improved visibility for future growth: Manish Mohnot, MD & CEO, KPIL
NE BUSINESS BUREAU
MUMBAI, DEC 4
Kalpataru Projects International Limited (KPIL) on Monday announced bagging new orders worth ₹ 2,263 crore in the domestic and overseas markets.
The company’s transmission and distribution (T&D) business has secured orders totalling ₹ 1,564 crore in India and overseas markets. Water and buildings and factories businesses have bagged orders worth ₹458 crore and ₹241 crore, respectively. KPIL and its international subsidiaries have secured new orders/notification of awards of Rs 2,263 crore, a company release said.
Commenting on this, Manish Mohnot, MD & CEO, KPIL, said, “We are delighted with the new order wins, particularly in our T&D business. The T&D business continues to witness strong traction in terms of both order inflows and tender pipeline. We expect the T&D business to be significant growth driver for KPIL in coming years. Additionally, these T&D orders have strengthen our order book in India, Latin America, Africa and Sweden.
We continue to focus on strategic orders wins within our B&F and Water business with a focus to improve our market presence and deliver sustainable growth in these businesses. Our YTD FY24 order inflows stands at ~ ₹14,441 Crores, providing improved visibility for future growth.”