“VERY CONFIDENT OF KPTL’S GROWTH PROSPECTS AND MARKET OPPORTUNITY AVAILABLE,” HIGHLIGHTS MD & CEO, KPTL

We believe there is considerable value in buying back KPTL shares, which are trading significantly below intrinsic value and will continue to focus on disciplined capital allocation strategy on driving profitable growth, he says

kptl growth prospects and market opportunity available
Image by Stephen Dawson from Unsplash

– The Electrical India Content Team

Kalpataru Power Transmission Limited (KPTL), a fast-growing EPC company in India, recently released its financial performance for the quarter & year end – 31st March 2020.  Commenting on the results, Mr Ram Patodia, CFO, KPTL said: “The situation ahead seems to be very challenging and requires a focused approach for managing cash flow and cost. However, our strong balance sheet and order book position provides us the confidence that we will overcome the COVID-19 challenge and emerge stronger. Further, we are progressing well on sale of our T&D assets and are confident to complete the process in FY 2021.”

Commenting on the results, Mr. Manish Mohnot, MD & CEO, KPTL said: “In these unprecedented and challenging times, I am extremely proud of how KPTL and JMC has come worked relentlessly to ensure the safety and well-being of our workforce while continuing to serve our clients across the world.

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