Kalpataru Power gets "on"

about 6 years ago
No Image

Kalpataru Power is among the top three gainers on the BSE currently, going up 11.5% to Rs.360.20. Volumes have shown a massive jump of almost 8 times.

The company posted a robust set of numbers for Q2FY19. On a 29% (YoY) rise in standalone revenue at Rs.1574 crore, its net profit came in at Rs.91 crore, up 28%.

EBITDA was up 29% at Rs.171 crore and margin rose 70 bps from 12.1% to 12.8%.

The company’s net debt stands at Rs.3526 crore, which has come down 4% sequentially.

The standalone order book as on September 30, 2018 stood at Rs.14,179 crores and order inflows YTD FY19 came in at Rs. 4,743 crore.

Popular Comments

No comment posted for this article.