Kalpataru Projects International Limited (KPIL) announced robust financial results for the first quarter ended June 30, 2026 (Q1 FY27). Revenue grew 4% year-on-year to ₹6,408 crore, while net profit saw a significant surge of 46% to ₹312 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also increased by 7% to ₹562 crore, indicating strong operational performance and profitability.
Kalpataru Projects International Reports Strong Q1 FY27 Financials
Kalpataru Projects International Limited (KPIL) has declared its financial results for the first quarter of the financial year 2027 (Q1 FY27), ending June 30, 2026. The company has demonstrated a strong performance, with key financial metrics showing significant year-on-year growth.
Key Financial Highlights – Q1 FY27
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Revenue: Increased by 4% year-on-year to ₹6,408 crore. Comparable revenue growth, excluding Road SPVs and Brazil business, stood at 9% YoY.
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EBITDA: Grew by 7% YoY to ₹562 crore. The EBITDA margin improved by 30 basis points (bps) to 8.8% in Q1 FY27.
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Profit Before Tax (PBT): Showed a substantial growth of 45% YoY, reaching ₹420 crore. The PBT margin expanded by 190 bps to 6.6% for the quarter.
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Profit After Tax (PAT): Surged by 46% YoY to ₹312 crore.
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Net Debt: Decreased significantly by 67% YoY to ₹917 crore as of June 30, 2026.
Operational Performance and Business Updates
KPIL highlighted key business updates for Q1 FY27, noting that consolidated revenue, EBITDA, and PBT achieved in the quarter were the highest ever for the first quarter. The company also reported an improvement in consolidated EBITDA and PBT margins due to a diversified business mix and efficient working capital management. India Ratings & Research upgraded KPIL’s credit rating to IND AA+/Stable. Furthermore, the order book reached an all-time high of ₹66,607 crore with significant marquee project wins across T&D, B&F, and Water businesses.
Management Commentary
Mr. Manish Mohnot, MD & CEO of KPIL, commented on the results, stating, “Q1 FY27 marks a strong beginning to the financial year for KPIL, driven by disciplined execution, expanding profitability, and robust order momentum across our key businesses. This performance underscores the resilience of our business model and validates the strategic capabilities we have built over the recent years.” He also expressed delight over the credit rating upgrade to AA+, positioning KPIL among elite large-scale EPC players.
Source: BSE
