Press Releases

Mumbai, 30 July, 2010:

Q1FY11 Revenue up by 10.4% to Rs. 538 crore
Net profit up by 14.9 % to Rs 37 crore

Kalpataru Power Transmission Ltd (KPTL), a leading global EPC player in power T&D sector, has reported a growth of 10.4% in the revenue for the first quarter ended June 2010 to Rs. 538 crore as compared to Rs.487 crore in the same quarter in the previous year. Net profit for the quarter has grown by 14.9% to Rs. 37 crore as against Rs.32 crore in the same quarter in the previous year.

Company’s order book presents orders in excess of Rs. 4,800 crore excluding L1 bids. During the quarter the Company bagged order worth Rs. 272 crore in the pipeline division in Assam for Oil India Ltd.

The Company’s Board has approved sub division of equity share from face value of Rs.10 each to face value of Rs. 2 each subject to approval by shareholders.

JMC Projects (India) Ltd (JMC), company’s subsidiary present in civil contracting, reported a total income of Rs 260 crore for the quarter ended June 2010 as against Rs. 288 crore in the corresponding period last fiscal. JMC reported net profit of Rs 5.41crore as against Rs. 6.49 crore in the corresponding quarter of the previous year.

Post 31st March 2010, JMC secured projects in excess of Rs. 1,200 crore with few large sized orders namely Bangalore Metro Rail Corporation Ltd. (BMRC) Phase II – Rs. 212 crore, All India Institute of Medical Sciences - Bhopal – Rs. 254 crore and All India Institute of Medical Sciences -Rishikesh – Rs. 251 crore. Order book of JMC as on today is in excess of Rs. 3,800 crore

Consolidated order book of KPTL and JMC together as on today, stand in excess of Rs.8600 crore.

Commenting on the results, Mr. Manish Mohnot, Executive Director, Kalpataru Power Transmission Limited & JMC said, “Our focus on profitability is visible in our Q-I results with 15% rise in PAT for KPTL. Our consolidated order book gives us a visibility of 20% growth in FY11 with improved margins. We continue our thrust on overseas operations and are currently well placed in few large value orders from international markets. We will continue to explore BOOT opportunities in sectors where we have EPC expertise.”

Mumbai, 29 May, 2010:

Q4FY10 Net profit up by 147.73 % to Rs 57.4 cr Revenue up by 50.14 % to Rs. 838.33 cr Board recommends dividend of Rs 7.50 per share

Kalpataru Power Transmission Ltd, a leading global EPC player in power T&D sector has reported a robust hike of 147.73 % in PAT, amounting to Rs. 57.40 crore for the quarter ended March 2010 as against Rs 23.17 crore in the corresponding period of previous fiscal.

Revenue for the quarter has increased by 50.14 % to Rs. 838.33 crore as compared to Rs 558.33 crore in the corresponding period last year.

The Board of Directors at its meeting held here took on record annual financial results for the fourth quarter and full year ended March 31, 2010. The Board of Directors has recommended a dividend of Rs 7.50 per equity share of Rs 10 each on increased capita base of 30692114 equity shares after QIP issue.

Kalpataru Power Transmission Ltd’s net profit for the year ended March 31, 2010 stood at Rs 170.46 crore, up by 80.55 % from Rs 94.41 crore in the last financial year.

The Revenue for the year ended on March 31, 2010 rose by 37.80 % to Rs 2597.37 crore as against Rs 1884.81 crore last year.

Earnings per share (EPS)—Basic & diluted is at Rs 64.32 as against Rs 35.63.

The consolidated Revenue of the company rose by 23 % to Rs 4008.88 crore for the year ended March 31, 2010 as against Rs 3259.00 crore in the previous fiscal.

The consolidated PAT for the year ended March 31, 2010 was Rs 195.57 crore, up by 52.46 % as against Rs 128.27 crore in the previous financial year.

Consolidated Earnings per share (EPS)-Basic & Diluted is at Rs 67.05 as against Rs 41.87.

Commenting on the results, Mr. Manish Mohnot, Executive Director, Kalpataru Power Transmission Limited said, ““KPTL posted a healthy growth on the back of company’s impressive order book and excellent execution capability. The outlook for the current financial year is positive with renewed emphasis on BOOT orders and government’s thrust on speeding up of UMPPs and power generation plans of various SEBs”.

Major Achievements of the Company:

Ø Standalone Revenue crossed Rs. 25 billion

Ø Consolidated Revenue stood at above Rs. 40 billion

Ø International revenues above Rs. 10 billion

Ø Order backlog is above Rs 50 Billion excluding L1 bids.

Ø Received 1st IPTC BOOT Project from HVPNL in consortium with Techno.

Ø Adding tower manufacturing capacity of 30000 MT at Raipur to make total production capacity to 138000 MT

JMC Projects (India) Limited

JMC Projects, held 53.01% by KPTL, has reported a revenue of Rs. 13.20 Billion for the year 09-10 as against R.s 13.18 Billion in the previous year. PBT stood at Rs. 532 Million as against Rs. 519 Million in the previous year.

Revenue for the 4th quarter stood at Rs. 3.76 Billion as against Rs. 3.64 Billion in the same period of previous year. PBT for the quarter increased by 14% to Rs. 227 Million as against Rs. 199 Million of corresponding period of previous year.

JMC order book at Rs. 31 Billion.

JMC also secured its 1st Road BOOT project from NHAI in consortium with SREI Infra.

Consolidated Order Book of Company stood at above Rs. 81 Billion.

Mumbai, April 1, 2010

Kalpataru Power Transmission Ltd bags order worth over Rs. 319 crores.
Secures order from Chhattisgarh State Power Transmission Co. Ltd.

Kalpataru Power Transmission Ltd, one of the leading global EPC player in power T&D sector has secured an order worth over Rs. 319 crores from Chhattisgarh State Power Transmission Co. Limited.

KPTL has signed a contract for the turnkey project of 400 KV D/C Quad Marwa- Raipur Transmission Line. The scope of work ranges from design, testing,supply of towers & line materials, construction and commissioning of the project. The project to lay 150 km of transmission line expected to be completed in 25 months.

Commenting on the order Mr Manish Mohnot, Executive Director, Kalpataru Power Transmission Limited said "Our focus on large scale SEB projects continue to deliver results with one more significant project. This project involves end-to-end delivery right from design to erection. This project is our first contract with Chhatisgarh State Power Transmission Company, and we hope to win a lot more contracts going forward"

Mumbai, Janauary, 2010

Revenue up by 72% to Rs. 716 cr
Q3FY10 Net profit up by 121% to Rs 44 cr

Kalpataru Power Transmission Ltd. (KPTL), a leading global EPC player in power T&D sector has reported a robust hike of 121% in PAT, amounting to Rs.44 crores for the third quarter ended December 2009 as against Rs 20 crores in the previous quarter of the last fiscal.

Revenue for the quarter has increased by 72% to Rs. 716 crores as compared to Rs 417 crores in the same quarter in the previous year.

Revenue for the nine months has increased by 32% to Rs.1751 crores as compared to Rs.1323 crores in the same nine months period of previous year. The profit for nine months has increased by 59% to Rs. 113 crores as against Rs. 71 crores in the same period of previous year.

Kalpataru’s present order book is in excess of Rs. 5200 crores excluding L1 bids.

JMC Projects (India) Ltd. (JMC), a subsidiary of KPTL posted a net profit of Rs 8 crores, up by 42 per cent over the corresponding quarter in the last quarter.

JMC reported a total income of Rs. 337 crores for the quarter ended December 31, 2009 as against Rs. 310 crores in the corresponding period last fiscal.

JMC has reported total income of Rs. 936 crores for the first nine months of the year with a Net Profit of Rs. 20 crores for the same period.

JMC has order book in excess of Rs. 2600 crores.

Commenting on the results, Mr. Manish Mohnot, Executive Director, Kalpataru Power Transmission Limited said, “We have been concentrating on our core verticals and strong thrust on project management and delivery is visible in our results. Given our robust order book along with the upswing in infrastructures spending, we continue to maintain a positive outlook for the next year.”

Mumbai, Janauary, 2010

Kalpataru Power Transmission Ltd bags two orders worth Rs 250+ crores
Secures order from Algeria and Tamil Nadu SEB

Kalpataru Power Transmission Ltd, a leading global EPC player in power T&D sector has secured two orders worth Rs. 250 + crores from Algeria and Tamil Nadu Electricity Board recently.

KPTL has signed a contract with Sonelgaz, Algeria for the turnkey construction of 220 KV transmission lines of 100 Kms and 60 kV lines of 120 Kms. The combined value of both the projects is Rs 100 crore and completion period for the different lines vary from 12 to 15 months.

The company has also received another order from Tamil Nadu Electricity Baord, Chennai for commissioning of 400 kV D/C MTPS-ARASUR Line (110 Km and 6180 meters) on turnkey basis. The project is worth Rs154.25 crore and the scope of the work includes design, type testing of towers, supply, erection, stringing and testing. The project needs to be completed within 18 months.

KPTL’s order book is in the range of Rs 5,500 crores, excluding L1 orders which has to be executed over the next 2 to 3 years. Commenting on the order Mr Manish Mohnot (Executive Director) said “We are proud to be associated with TNSEB for the project. Our current order book is very healthy in terms of profitability and a right mix of domestic and overseas projects. “

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