Kalpataru Projects International Limited (KPIL) reported a 3% year-on-year (YoY) decline in net profit at ₹139.6 crore for the quarter ended December 31, 2024, compared to ₹144.07 crore in Q3FY24.
Key Financial Highlights:
- Revenue from operations rose 17% YoY to ₹5,732.48 crore, compared to ₹4,895.82 crore in Q3FY24.
- Total income stood at ₹5,742.76 crore, up from ₹4,909.95 crore in the corresponding quarter last year.
- Total expenses increased to ₹5,540.74 crore, compared to ₹4,717.38 crore in Q3FY24.
- Profit before tax was ₹202.02 crore, slightly up from ₹192.5 crore in Q3FY24.
- EBITDA stood at ₹418.9 crore, reflecting a 13% YoY growth.
Nine-Month Performance:
For the nine months ended December 31, 2024, KPIL reported:
- Revenue of ₹15,298.33 crore, up 12% YoY from ₹13,699.05 crore.
- Net profit at ₹349.10 crore, down from ₹347.22 crore in the same period last year.
Despite higher revenues, increased costs led to a decline in net profit for the quarter. The company continues to focus on expanding its power transmission, infrastructure, and water projects, driving long-term growth.
