KPTL profit doubles in third quarter of FY21

Kalpataru Power Transmission Limited (KPTL) has recorded a total consolidated income of Rs 35.20 billion for the quarter ended December 2020, an increase of 10.97 per cent over Rs 31.72 billion in the corresponding period last year. ….

The company’s net profit increased by 131.58 per cent and stood at Rs 3.08 billion for the quarter ended December 2020 as against Rs 1.33 billion in the same period last year. The company’s order book stands at Rs 275.32 billion. The company is currently executing several contracts in India, Africa, Europe, Middle East, CIS, SAARC and far East.

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