Kalpataru bags orders worth Rs 588 crore in international markets

New Delhi: Kalpataru PowerNSE -0.84 % Transmission Ltd (KPTL) Friday said it has secured new orders worth Rs 588 crore in international markets.

The transmission and distribution business has secured projects of Rs 588 crore in international markets, KPTL said in a statement.

“Our total order inflows for 2018-19 is approximately Rs 8,500 crore and we are favourably placed/L1 in orders of Rs 1,800 crore. Given the order book and visibility, we are confident to deliver healthy growth in revenue and profitability for 2019-20,” KPTL MD and CEO Manish Mohnot said in the statement.

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