Kalpataru Projects shares surge 9% after profit more than doubles in Q1

Shares of Kalpataru Projects International Ltd (KPIL) on Frida, August 8, rose as much as 8.7% to hit an intraday high of ₹1,208.70 on the BSE a day after it reported June quarter earnings.

The company reported more than two-fold surge in its consolidated net profit to ₹213.62 crore in the June quarter of the 2025-26 financial year (Q1FY26), mainly driven by higher revenues. In the corresponding period a year ago, it had clocked a profit of ₹92.83 crore, the company said in a regulatory filing.

Its revenue from operations rose 35% year-on-year (YoY) to ₹6,171.17 crore in the quarter under review, compared to ₹4,586.60 crore in the first quarter of FY25.

At an operational level, its EBITDA (earnings before interest, tax, depreciation, and amortisation) increased 39% YoY to ₹525 crore in Q1FY26, as against ₹379 crore in the June FY25 quarter.

Its EBITDA margin expanded by 20 basis points (bps) to 8.5% during the reporting quarter, compared to 8.3% in Q1FY25.

In a separate statement, the company said its net debt reduced by 26% YoY to ₹2,765 crore as of June 30, while net working capital days declined by 12 days YoY to 91 days.

Commenting on the earnings, Manish Mohnot, MD and CEO of KPIL, said: “The strong all-round operational and financial performance in Q1 has set a strong growth momentum for KPIL as we begin the new financial year. We have delivered the highest-ever first-quarter revenue and profitability on the back of well-planned diversification, healthy business mix, and disciplined execution.”

“Our order book stands at a record level of ₹65,475 crores, and business visibility remains robust in the majority of our businesses as we have secured orders worth ₹9,899 crores till date in FY26. Building on our capabilities and diversified business profile, we remain firmly aligned and on track to deliver targeted revenue growth and profitability for FY26 and going forward,” Mohnot added.

As of 1:14 pm, Kalpataru Projects share traded 7.83% higher at ₹1,199, outperforming the SENSEX which was down 0.66%.