Kalpataru Projects International Ltd News

Axis Sec sees 25% upside in Kalpataru Projects; stock rises 3% on coverage

Shares of Kalpataru Projects International Ltd (KPIL) rose 2.79 per cent at Rs 1,312 a piece on the BSE in Friday's intraday trade

Kalpataru Projects gains over 3% after securing orders worth Rs 1,011 cr

Shares of Kalpataru Projects International Ltd (KPIL) gained 3.3 per cent at Rs 1340.95 a piece on the BSE in Wednesday's intraday trade

Why Kalpataru Projects stock surged 5% after Q2FY25 results; check details

Shares of civil construction company Kalpataru Projects International surged 4.81 per cent at Rs 1,234.85 per share on the NSE

Kalpataru Projects Int'l Q2 results: Net profit grows 40% to Rs 125.5 crore

Kalpataru Projects International Ltd (KPIL) on Monday reported about 40 per cent rise in consolidated net profit to Rs 125.56 crore in the September quarter aided by higher income. It had posted a net profit of Rs 89.89 crore in the July-September period of the preceding 2023-24 fiscal year, the company said in an exchange filing. Its total income rose to Rs 4,946.98 crore from Rs 4,530.49 crore in the year-ago period. The company's expenses were at Rs 4,758.96 crore as against Rs 4,398.06 in the same quarter of the previous fiscal year. During the quarter, the company signed binding agreements for the sale of Vindhyachal Expressway for enterprise value of Rs 775 crore. The deal is expected to close in FY26, subject to requisite approvals and closing adjustments. In the April-September period, the company posted a net profit of Rs 249 crore compared to Rs 239 crore in the year-ago period. The company's net debt stood at Rs 2,793 crore at the end of the second quarter. In a state

Kalpataru Projects to sell Vindhyachal Expressway for Rs 775 cr; shares up

Kalpataru Projects share rose after the company entered into a definitive agreement for sale of its entire 100% stake in Vindhyachal Expressway, a WOS, to Actis Atlantic for an est EV of Rs 775 crore.

Kalpataru Projects share up over 3% on Rs 1,241-cr order win; details here

The Kalpataru Projects International share rose after the company announced that it has been awarded new orders worth Rs 1,241 crore.

Kalpataru Projects International bags Rs 2,774-cr order; share price soars

The upward movement in the Kalpataru Projects International shares came after the company announced that it has secured new orders worth Rs 2,774 crore.

Kalpataru gets notice from Afghan govt for not submitting tax declarations

Kalpataru Projects International Ltd on Tuesday said it has received a tax notice from the Afghanistan government for non-submission of certain declarations. In an exchange filing, the company said, "The branch office through its consultant... received certain tax challans from the Ministry of Finance, Afghanistan Revenue Department with the demand of payment of tax liability, additional tax and fine, due to non-submission of certain declarations for FY 2020-21 and FY 2021-22." The notice was received on August 26, it said. The authority has demanded tax liability of AFN 8,774,153 (Rs 104.59 lakh), additional tax of AFN 12,150 (Rs 0.14 lakh) and fine of AFN 166,401 (Rs 1.98 lakhs), Kalpataru Projects International Ltd said. The branch anticipates this additional tax and fine may be waived off by the Ministry of Finance once the payment towards the tax liability is discharged, it said. Last week, the company also received a tax notice from the GST authority in India. The authority

Kalpataru Projects International Q1FY25 results: PAT falls 26% to Rs 84 cr

Kalpataru Projects International Ltd on Monday posted about 26 per cent decline in consolidated net profit to Rs 84 crore for the June 2024 quarter, dragged by higher expenses. It had clocked Rs 113 crore profit in the year-ago period, the company said in an exchange filing. The company's total income rose to Rs 4,609 crore from Rs 4,259 crore in April-June 2023-24. The expenses surged to Rs 4,472 crore from Rs 4,094 crore a year ago. KPIL is one of the largest specialised EPC companies engaged in power transmission and distribution, buildings and factories, water supply and irrigation, railways, oil and gas pipelines, urban mobility (flyovers and metro rail), highways and airports.