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Kalpataru Projects International Ltd (KPIL) on Friday reported a consolidated profit after tax of ₹237 crore for the second quarter of FY26, marking an 89 per cent year-on-year increase from ₹126 crore in the same period last year. The infrastructure EPC company also achieved its highest-ever second quarter revenue of ₹6,529 crore, up 32 per cent from the previous year. The Mumbai-based firm’s profit before tax grew 71 per cent to ₹322 crore, with margins expanding 110 basis points to 4.9 per cent. EBITDA rose 28 per cent to ₹561 crore, maintaining an 8.6 per cent margin. For the first half of FY26, consolidated revenue stood at ₹12,700 crore, reflecting 33 per cent growth, while PAT more than doubled to ₹451 crore, up 115 per cent year-on-year. Managing Director and CEO Manish Mohnot attributed the performance to the company’s focus on profitable growth and efficient working capital management. The firm’s net working capital improved by eight days to 90 days as of September 30, while net debt declined 14 per cent to ₹3,169 crore. KPIL’s order book remained robust at ₹64,682 crore, supported by new orders worth ₹14,951 crore secured year-to-date in FY26, representing 26 per cent growth. The company is also favorably positioned for additional orders worth approximately ₹5,000 crore, primarily in its transmission and distribution business. More Like This Published on October 31, 2025
