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News: Kalpataru Power Transmission (KPTL) and its international subsidiaries have secured new orders/notification of awards of Rs 3,079 crore in March 2023 and till date in April 2023. 1. Civil works for a data centre and buildings in India of Rs 1,234 crore. 2. EPC order in Railway business of Rs 754 crore in India. 3. Water supply projects in India of Rs 708 crore. 4. Residential and Institutional building project in Africa of Rs 233 crore. 5. Orders in the T&D business of Rs150 crore in overseas markets
Views: KPTL received new orders of Rs 19,487 crore in 9MFY23 and L1 in excess of ~Rs 5,200 crore. KPTL has set some aspirational targets for FY25 including consolidated revenue will touch ~ Rs 24,000 crore with order book of Rs 48000 crore and RoCE will be 22%+
Impact: Positive