Kalpataru Projects Reports Strong Growth in Q3 and 9M FY25
Kalpataru Projects International Limited (KPIL), a global infrastructure EPC company, announced its financial results for the quarter and nine months ending December 31, 2024.
In Q3 FY25, revenue grew 16% year-on-year to ₹4,826 crore. EBITDA rose 17% to ₹402 crore, with an 8.3% EBITDA margin. Profit before tax (PBT) increased 12% to ₹218 crore, while profit after tax (PAT) grew 9% to ₹157 crore.
For the nine-month period (9M FY25), revenue reached ₹12,684 crore, up 9% YoY. EBITDA stood at ₹1,064 crore, reflecting a 10% increase, with a margin of 8.4%. PBT rose 7% to ₹565 crore, and PAT grew 6% to ₹406 crore. As of December 31, 2024, KPIL’s net debt stood at ₹1,820 crore.
Commenting on the results, Mr. Manish Mohnot, MD & CEO, KPIL said, “We have delivered noteworthy performance in Q3 FY25, with consolidated revenue growth of 17%, an EBITDA margin of 8.4%, and YTD order inflows, including L1, exceeding ₹22,600 crores. Our business profile remains well-diversified, with a record-high order book of ₹61,429 crores, providing strong visibility for the coming quarters. We continue to focus on enhancing our capabilities, achieving operational excellence, and strengthening our competitive position, as reflected in our consistent and strong financial performance.
The recently announced Union Budget places strong emphasis on investments in power transmission, clean energy, water supply, urban mobility, new regional airports, and other key EPC segments. In this backdrop, we are well placed to seize upcoming opportunities and further strengthen our market position given our demonstrated capabilities in diverse EPC segments, strong balance sheet, and extensive global experience.
Looking ahead, we remain committed to deliver consistent and profitable growth while maintaining a strong balance sheet thereby delivering long-term value for our stake holders.”
