Kalpataru Projects International (KPIL) reported a marginal 0.58% year-on-year (YoY) increase in consolidated net profit at ₹141.96 crore for the quarter ended December 31, 2024 (Q3FY25).
Financial Highlights (Q3FY25)
- Revenue from operations increased 17.1% YoY to ₹5,732.48 crore, compared to ₹4,895.82 crore in Q3FY24.
- Total expenses rose 3.4% YoY to ₹5,540.74 crore, compared to ₹4,717.38 crore in the previous year.
- EBITDA margin stood at 8.4%, slightly lower than 8.6% in the year-ago period.
Commenting on the performance, Manish Mohnot, Managing Director & CEO of KPIL, stated, “We have delivered noteworthy performance in Q3FY25, with consolidated revenue growth of 17%, an EBITDA margin of 8.4%, and YTD order inflows, including L1, exceeding ₹22,600 crore. Our business profile remains well diversified, with a record-high order book of ₹61,429 crore, providing strong visibility for the coming quarters.”
Additionally, KPIL has entered a definitive agreement to sell its entire 100% stake in Vindhyachal Expressway, its wholly owned subsidiary, to Actis Atlantic Holdings.
Stock Performance
Following the results, shares of KPIL fell nearly 4% on Friday, February 14, reflecting a muted investor sentiment despite revenue growth.
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