Kalpataru Projects International Reports Record Q2 Profit Surge
Kalpataru Projects International announced an 89% year-on-year increase in consolidated net profit, totaling Rs 237.39 crore in Q2, driven by higher revenues. The company's order book has expanded, showcasing strong business performance, with significant new orders and a robust growth outlook in multiple sectors.
- Country:
- India
Kalpataru Projects International reported a remarkable 89% rise in consolidated net profit, reaching Rs 237.39 crore for the September quarter, supported by increased revenue.
The company's Q2 performance, characterized as its best-ever, reflects a 32% YoY revenue growth, 71% YoY profit before tax increase, and an 89% YoY profit after tax surge.
Bolstered by a diversified business model and strategic capital management, Kalpataru Projects International is poised for further growth, with a focus on enhancing delivery capabilities and strengthening its balance sheet.
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