Kalpataru Projects’ order book stood at ₹63,287 crore as of December 31, 2025, providing visibility of nearly three years.
Kalpataru Projects International Limited reported a 34 per cent year-on-year increase in net profit to ₹211 crore for the quarter ended December 31, 2025, driven by robust project execution across its transmission and distribution, buildings and factories, and oil and gas businesses.
The infrastructure EPC company’s standalone revenue from operations grew 20 per cent to ₹5,788 crore in Q3 FY26, while profit before tax rose 44 per cent to ₹314 crore. The PBT margin expanded 90 basis points to 5.4 per cent.
For the nine-month period, Kalpataru reported a 51 per cent jump in net profit to ₹612 crore on revenue of ₹16,246 crore, up 28 per cent from the previous year. The company’s consolidated revenue for Q3 stood at ₹6,665 crore, up 16 per cent year-on-year, with consolidated net profit rising 7 per cent to ₹149 crore.
The company’s order book stood at ₹63,287 crore as of December 31, 2025, providing visibility of nearly three years. During the financial year so far, Kalpataru has secured orders worth ₹19,456 crore and is the lowest bidder or favorably placed in projects worth an additional ₹7,000 crore, mainly in T&D and buildings segments.
Kalpataru’s financial position strengthened during the quarter, with consolidated net debt declining 29 per cent quarter-on-quarter to ₹2,240 crore. The company completed the sale of its Vindhyachal road asset in January 2026 for an enterprise value of approximately ₹799 crore, generating cash inflows exceeding ₹600 crore after debt repayment.
Managing Director and CEO Manish Mohnot said the company’s focus on financial discipline was reflected in improved working capital management and reduced debt levels. He expressed confidence in sustaining growth momentum with improved margins, supported by the strong order book and diversified business mix.
The shares of Kalpataru Projects International Limited ended on the NSE today at ₹1,134.50, up by ₹7.20 or 0.64 per cent.
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Published on February 4, 2026