KPIL secures Rs 10.08 bn orders; aims for Rs 260bn order inflow in FY24

Kalpataru Projects International (KPIL) has successfully secured new contracts valued at Rs 10.08 billion in both domestic and international markets. In the first quarter of FY24, KPIL experienced a consolidated order inflow of Rs 51.22 billion.These new orders encompass Rs 6.35 billion for transmission and distribution (T&D) ventures in both the Indian and overseas markets, as well as Rs 3.73 billion allocated for civil works in building projects within India.With a steady influx of orders, particularly in the buildings and factories (B&F) sector and its international T&D business, KPIL has set a target order inflow of Rs 260 billion for the fiscal year 2024.