Kalpataru Power Transmission has been buzzing off late. The company has already exceeded their order inflow guidance for FY18. In an interview to CNBC-TV18, Manish Mohnot, MD of the company spoke about the results and his outlook for the company.
Engineering firm Kalpataru Power Transmission Ltd (KPTL) reported a 57 percent jump in its standalone net profit at Rs 57.14 crore in the quarter ended December 31, 2016. The company is confident of 15-20 percent growth next year.
In an interview to CNBC-TV18, Manish Mohnot, MD of Kalpataru Power Transmission spoke about the results and his outlook for the company.
With these order wins, the total orderbook is now about Rs11,000 crore, said Mofatraj Munot, the Chairman of Kalpataru Power in an interview to CNBC-TV18.
Speaking to CNBC-TV18, Manish Mohnot, MD of Kalpataru said that gross margins will stay at around 10.5 percent levels and revenue is expected to grow by 25 percent in FY17.
There is lot of traction in orders from railways and over last few weeks tenders worth over Rs 2000 crore have been floated, says Manish Mohnot, MD of Kalpataru Power Transmission
KK Jain Director, Finance at Kalpataru Power Transmission says the orders worth Rs 1,395 crore
Manish Mohnot, MD, Kalpataru Power says the company recently won transmission line projects in Malawi and Kuwait worth Rs 594 crore and another pipeline project from ONGC worth Rs 187 crore
Kalpataru Power Limited's Q1 net profit came in at Rs 48.4 crore and total income at Rs 1196 crore.
Kalpataru Power was buzzing in trade Wednesday after the company won an order worth Rs 835 crore. In an interview to CNBC-TV18, Manish Mohnot, JMD, Kalpataru Power Transmission shares the details of the order and the road ahead.
The company has secured order wins from Cairn India and GAIL of around Rs 140 crore each.
In an interview to CNBC-TV18 executive director Manish Mohnot expects the company‘s performance to be sustainable going forward based on the current order book visibility.
Manish Mohnot, executive director, Kalpataru Power Transmission (KPTL), says that the company has bagged orders of around Rs 1800 crore on a consolidated basis.
In an interview with CNBC-TV18, Manish Mohnot, ED, Kalpataru Power Transmissions spoke about the latest happenings in his company and sector.
In an interview with CNBC-TV18, Manish Mohnot, ED, Kalpataru Power Transmissions says, the company’s consolidated order book is in the range of Rs 10,000 crore. He expects 15-20% growth at Kalpataru Power next year.