Kalpataru Projects International Ltd. announces Q2 FY25 and H1 FY25 results 

Kalpataru Projects International Limited (KPIL), a leading global infrastructure EPC company, announced its results today for the quarter and half year ended 30^th September, 2024.

CONSOLIDATED FINANCIAL HIGHLIGHTS

Quarterly Performance (Q2 FY25 vs Q2 FY24)

·         Revenue growth of 9% YoY to ₹4,930 Crores in Q2 FY25 led by robust execution and healthy order backlog

·         EBITDA grew by 18% YoY to ₹438 Crores; EBITDA Margin at 8.9% in Q2 FY25

·         PBT grew by 42% YoY to ₹188 Crores in Q2 FY25 with margin at 3.8%

·         PAT up by 40% YoY to ₹126 Crores in Q2 FY25

Half Yearly Performance (H1 FY25 vs H1 FY24)

·         Revenue for H1 FY25 stands at ₹9,517 Crores, up 9% YoY

·         EBITDA at ₹817 Crores higher by 8% YoY; EBITDA Margin at 8.6% for H1 FY25

·         PBT at ₹325 Crores in H1 FY25, up by 9% YoY

·         PAT grew by 3% YoY to ₹210 Crores in H1 FY25

·         Net Debt stand at ₹3,668 Crores as on 30^th September 2024

STANDALONE FINANCIAL HIGHLIGHTS

Quarterly Performance (Q2 FY25 vs Q2 FY24)

·         Revenue for Q2 FY25 stands at ₹4,136 Crores, up 8% YoY

·         EBITDA up by 13% YoY to ₹348 Crores; EBITDA Margin at 8.4% for Q2 FY25

·         PBT grew by 15% to ₹184 Crores, PBT margin at 4.4% for Q2 FY25

·         PAT of ₹132 Crores in Q2 FY25, up by 17% YoY

Half Yearly Performance (H1 FY25 vs H1 FY24)

·         Revenue for H1 FY25 stands at ₹7,858 Crores, up 5% YoY

·         EBITDA at ₹662 Crores higher by 6% YoY; EBITDA Margin at 8.4% for H1 FY25

·         PBT at ₹348 Crores in H1 FY25 compared to ₹335 Crores in H1 FY24

·         PAT of ₹249 Crores in H1 FY25 compared to ₹239 Crores in H1 FY24

·         Net debt stands at ₹2,793 Crores as on 30^th September 2024

ORDER INTAKE & ORDER BOOK

·         Received new orders (including international subsidiaries) of ₹ 835 Crores in month of Oct-24 till date

·         Order inflows at ₹11,865 Crores for YTD FY25; Additional L1 position for over ₹7,000 Crores

·         Order book grew by 29% YoY to ₹60,631 Crores as on 30 Sep 2024

Management Comments

Commenting on the results, Mr. Manish Mohnot, MD & CEO, KPIL said:

“We have delivered solid performance this quarter, backed by consolidated revenue growth of 9% to ₹4,930 crores, PBT growth of 42% YoY ₹188 crores and PAT growth of 40% YoY to ₹126 crores. More importantly, the growth has come along with strong order book position ₹60,631 crores and YTD order inflows approx. ₹19,000 crores (including L1 of over ₹7,000 crore). Our diversified business mix, consistent performance, established capabilities and strong balance sheet showcases the underlying strength of our business model.”