Kalpataru Dec-qtr net up 32 pc at Rs 75 cr

Kalpataru Power Transmission Ltd (KPTL) today posted a 32 per cent jump in its standalone net profit at Rs 75.23 crore for the quarter ended December 31, 2017.
The company's standalone net profit was Rs 57.14 crore in the quarter ended December 31, 2016, KPTL said in a BSE filing.
Total revenue increased to Rs 1428.42 crore in the quarter from Rs 1169.08 crore a year ago.
It had an order book of Rs 10,532 crore as on December 30, 2017 (excluding orders received post December 31, 2017 and net of GST).
KPTL has secured new orders/notification of award of Rs 1,670 crore in the quarter.

Manish Mohnot, Managing Director and CEO, KPTL, said: "Our diversification focus has led to success in securing significant orders in the non-T&D business, with healthy margins.