Kalpataru Projects International Reports 3% Dip in Q3 FY25 Net Profit Amid Robust Revenue Growth

📅 February 20, 2025

Kalpataru Projects International (KPI) has reported a marginal decline in its consolidated net profit for Q3 FY25, with figures showing a 3% dip to Rs 139.59 crore compared to Rs 144.07 crore in the corresponding quarter last year. Despite this decline in profitability, the company has demonstrated strong overall performance, highlighted by significant revenue growth and an expanding order book.

Financial Performance Overview

In the December 2024 quarter, KPI's total income surged to Rs 5,742.76 crore, up from Rs 4,909.95 crore in the same period a year ago. This robust revenue growth, recorded at 17%, underscores the company’s resilience in a competitive market. Additionally, KPI reported an EBITDA margin of 8.4%, reflecting efficient operational performance despite the marginal decline in net profit.

While the net profit dip of 3% may raise concerns, industry experts note that such fluctuations are not uncommon in dynamic sectors, especially when companies experience substantial revenue increases alongside significant operational investments.

Strategic Appointments and Leadership

In tandem with its financial disclosures, Kalpataru Projects International has made pivotal strategic appointments. The board has approved the reappointment of Manish Mohnot as Managing Director & CEO for three years from April 1, 2025, to March 31, 2028, pending shareholder approval. This move is seen as a vote of confidence in Mohnot’s leadership, given his role in driving the company’s recent growth.

Additionally, Deepak Sharma has been designated as the Senior Management Personnel with the role of President, Group Procurement & Supply Chain Management, effective from February 13, 2025. These leadership decisions are expected to reinforce the company’s operational efficiency and strategic positioning in the EPC sector.