KPTL reports a robust hike of 147.73% in PAT
Kalpataru Power Transmission Ltd (KPTL) has reported a robust hike of 147.73 % in PAT, amounting to Rs. 57.40 crore for the quarter ended March 2010 as against Rs 23.17 crore in the corresponding period of previous fiscal. KPTL is a leading global EPC player in power T&D sector.
Revenue for the quarter has increased by 50.14 % to Rs. 838.33 crore as compared to Rs 558.33 crore in the corresponding period last year. The Board of Directors at its meeting held here took on record annual financial results for the fourth quarter and full year ended March 31, 2010.
The Board of Directors has recommended a dividend of Rs 7.50 per equity share of Rs 10 each on increased capita base of 30692114 equity shares after QIP issue. KPTL’s net profit for the year ended March 31, 2010 stood at Rs170.46 cr, up by 80.55 % from Rs 94.41 crore in the last financial year. The Revenue for the year ended on March 31, 2010 rose by 37.80 % to Rs 2597.37 crore against Rs 1884.81 crore last year. Earnings per share (EPS)—Basic & diluted is at Rs64.32 as against Rs 35.63.
The consolidated Revenue of the company rose by 23% to Rs 4008.88 crore for the year ended March 31, 2010 as against Rs 3259.00 crore in the previous fiscal.
The consolidated PAT for the year ended March 31, 2010 was Rs 195.57 crore, up by 52.46 % as against Rs 128.27 crore in the previous financial year.
Consolidated Earnings per share (EPS)-Basic & Diluted is at Rs 67.05 as against Rs 41.87. Commenting on the results, Manish Mohnot, Executive Director, Kalpataru Power Transmission Limited said, "KPTL posted a healthy growth on the back of company’s impressive order book and excellent execution capability. The outlook for the current financial year is positive with renewed emphasis on BOOT orders and government’s thrust on speeding up of UMPPs and power generation plans of various SEBs."
Major Achievements of the Company:
Standalone Revenue crossed Rs25 billion.
Consolidated Revenue stood at above Rs40 billion.
International revenues above Rs10 billion.
Order backlog is above Rs50 Billion excluding L1 bids.
Received 1st IPTC BOOT Project from HVPNL in consortium with Techno.
Adding tower manufacturing capacity of 30000 MT at Raipur to make total production capacity to 138000 MT.
JMC Projects (India) Limited: JMC Projects, held 53.01% by KPTL, has reported a revenue of Rs. 13.20 Billion for the year 09-10 as against R.s 13.18 Billion in the previous year. PBT stood at Rs. 532 Million as against Rs. 519 Million in the previous year. Revenue for the 4th quarter stood at Rs. 3.76 Billion as against Rs. 3.64 Billion in the same period of previous year.
PBT for the quarter increased by 14% to Rs227 Million as against Rs199 Million of corresponding period of previous year. JMC order book at Rs31 Billion. JMC also secured its 1st Road BOOT project from NHAI in consortium with SREI Infra. Consolidated Order Book of Company stood at above Rs81 Billion.