JMC PROJECTS ACHIEVED REVENUE GROWTH OF 23%

KPTL & JMC WON NEW ORDERS IN EXCESS OF RS 1,800 CRORE IN Q4FY13

CONSOLIDATED ORDER BOOK IN EXCESS OF RS 12,400 CRORE

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in power T&D sector has announced its results for quarter and year ended March 31, 2013.

KPTL Consolidated results - FY13

  • Revenue for the year is Rs 6,085.0 crore as compared to Rs 5,302.0 crore in the previous year.

  • Profit after tax for the year is Rs 134.5 crore as compared to Rs 204.0 crore in the previous year.

KPTL Standalone results - FY13

  • Revenue for the year is Rs 3,335.4 crore as compared to Rs 3,032.7 crore in the previous year.

  • Profit after tax for the year is Rs 137.7 crore as compared to Rs 164.9 crore in the previous year.

JMC Projects (67% subsidiary) Standalone results - FY13

  • Revenue for the year is Rs 2,541.9 crore as compared to Rs 2,070.3 crore in the previous year.

  • Profit after tax for the year is Rs 18.3 crore as compared to Rs 51.9 crore in the previous year.

Shree Shubham Logistics Ltd (85% subsidiary) - FY13

  • Revenue for the year is Rs 231.9 crore as compared to Rs 203 crore in the previous year, growth of 14%.

  • Profit after tax for the year is Rs 14.6 crore as compared to Rs 3.2 crore in the previous year, growth of    5 times.

Order Book

As on March 31, 2013, company has consolidated order book of above Rs. 12,400 crore

  • KPTL has order book of over Rs 6,800 crore including new orders worth over Rs. 800 crore received during the quarter. Company has entered into 2 new countries i.e. Bhutan and Tajikistan.

  • JMC Projects has order book of over Rs 5,600 crore including new orders worth Rs 1,010 crore received during the quarter. Company has forayed into international markets by securing a road EPC contract in Ethiopia.

Other Developments

  • KPTL has expanded manufacturing capacity to 180,000 MT's per annum by setting up green-field tower manufacturing plant of 55,000 MT's at Raipur.

  • KPTL's subsidiary Shree Shubham Logistics Ltd, has signed an agreement with Tano India Private Equity Fund II to raise Rs 80 crore to fund its capacity expansion plans.

Commenting on the results, Mr Manish Mohnot (Executive Director) said "Our focus in this year is to maintain growth momentum with better profitability and to improve ROCE. For the purposes a lot of steps has been taken, which will start yielding results very soon"

About Kalpataru Power Transmission Limited (KPTL)

KPTL is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution. The company is currently executing several projects in India, Africa, Middle East, Australia, North America, CIS region and Far East.

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