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Kalpataru Projects shares jump 5% after winning new orders worth ₹4,439 crore

Published on 24/03/2026 10:16 AM

Kalpataru Projects shares jump 5% after winning new orders worth ₹4,439 croreWith these wins, Kalpataru Projects has surpassed its annual order intake target of ₹26,000 crore, the company's MD and CEO Manish Mohnot said.By Shloka Badkar  March 24, 2026, 10:16:58 AM IST (Published)2 Min ReadShares of Kalpataru Projects International Ltd. gained over 5% on Tuesday, March 24, after the company said it won new orders worth ₹4,439 crore.

The company said it won the orders, along with its subsidiaries, in the transmission and distribution business.

The orders include:

400kV transmission line and associated substations in Africa.

Transmission line projects in India.

Substation project in Sweden.

"With these wins, we have surpassed our annual order intake target of ₹26,000 crore," Manish Mohnot, the company's MD and CEO, said.

The transmission and distribution and buildings and factories businesses account for nearly 50% and 40% of the company's FY26 inflows year-to-date, respectively, he added.

Kalpataru Projects reported a 7% increase in its third quarter net profit to ₹152 crore from ₹142 crore in the previous year.

Its revenue increased was up 16.3% in the quarter under review at ₹6,665 crore from ₹5,732 crore in the previous year.

The company's earnings before interest, tax, depreciation and amortization (EBITDA) increased 7.2% to ₹512.7 crore while margins contracted to 7.7% from 8.3% in the year-ago period.

Shares of Kalpataru Projects gained 5.4% to hit an intraday high of ₹1,073.1 apiece on Tuesday. The stock was up 2.1% at ₹1,039.5 apiece around 9.55 am. It has declined 13.7% in the past month.

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