Kalpataru Power soars 11 per cent on robust numbers

Kalpataru Power Transmission reported its results for the quarter ended September 30, 2018.

The company's standalone revenue for the quarter came in at Rs. 1,574.1 crore as against Rs. 1,222.8 crore in the corresponding quarter last year, registering 29 per cent yoy increase.

The EBITDA for the quarter rose by 28.6 per cent yoy to Rs. 170.89 crore as against Rs. 132.89 crore in the corresponding quarter last year, with a corresponding margin contraction of 1 bps. EBITDA margin for the quarter stood at 10.9 per cent.

The PAT for the quarter came in at Rs. 91.37 crore as against Rs. 71.49 crore in the corresponding quarter last year, yoy increase of 28 per cent.

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 crores.

On Thursday, cheering the quarterly numbers, the stock of Kalpataru Power jumped nearly 11 per cent and made an intraday high of Rs. 360.20 on the BSE. At 10:08 hours, the stock was trading at around Rs. 357.75 per share.