Kalpataru Power Transmission net dips 15.9% to Rs 259 cr in Dec quarter

Kalpataru Power Transmission Ltd (KPTL) on Friday reported a 15.9 per cent drop in its consolidated net profit at Rs 259 crore for the three months to December.

The company had logged a consolidated net profit of Rs 308 crore in the quarter ended December 31, 2020, it said in a BSE filing.

Total income stood at Rs 3,918 crore, compared to Rs 3,520 crore in the same period a year ago.

KPTL MD and CEO Manish Mohnot said in a statement, “We have delivered a robust performance at consolidated level with double-digit revenue growth, stable EBITDA margin, record order inflows including L1 and notable decline in net debt.”

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