Kalpataru Projects Q1 Profit Drops

31 Jul 2024 CW Team

Kalpataru Projects International Ltd. has reported a 26% decline in its net profit for the first quarter of the fiscal year. The company's net profit for Q1 fell to Rs.84 crore compared to the previous year, reflecting a significant drop in earnings.

The decline in profit is attributed to several factors, including increased project costs and operational challenges. Kalpataru Projects, which specializes in infrastructure and construction projects, faced higher expenses related to raw materials and labor, impacting its overall profitability.

Despite the lower profit margins, the company continues to focus on its core projects and long-term growth strategies. Kalpataru Projects is engaged in various infrastructure development activities, including power transmission, urban infrastructure, and industrial projects, which are expected to drive future revenue growth.

The company is also exploring ways to optimize its operations and reduce costs to improve financial performance in the upcoming quarters. This includes leveraging technology and improving project management practices to enhance efficiency and cost-effectiveness.

Investors and analysts will be closely watching how Kalpataru Projects adapts to these challenges and its plans for future growth. The company's ability to manage costs and execute its projects effectively will be crucial in regaining its profit margins and achieving its financial targets.

Overall, while the decline in net profit is a setback, Kalpataru Projects remains focused on its strategic objectives and is working towards stabilizing and improving its financial performance in the near future.

Infrastructure Urban

04 Dec 2025

ISRO’s IMAT Success Boosts Readiness for Maiden Gaganyaan Mission

Union Minister of State for Science and Technology Dr Jitendra Singh informed Parliament that ISRO has achieved a key milestone in its preparations for India’s first human space mission with the successful completion of the Integrated Main Parachute Airdrop Test (IMAT). He said in the Lok Sabha that the test forms a central part of the qualification campaign for the Crew Module’s parachute-based deceleration system, one of the most vital elements in human-rating the mission.According to Dr. Jitendra Singh, the IMAT recreated one of the most demanding descent conditions by intentionally del..

Gyanesh Kumar Takes Charge as Chair of International IDEA Council

Chief Election Commissioner of India Gyanesh Kumar has assumed the Chairship of the Council of Member States of the International Institute for Democracy and Electoral Assistance for 2026. The ceremony in Stockholm was also attended by India’s Ambassador to Sweden, Anurag Bhushan. India, a founding member of International IDEA, has long contributed to the organisation’s governance and global democratic dialogue, and the new Chairship signals broad recognition of the Election Commission of India as a trusted and innovative election management institution.During his visit, Kumar held discuss..

Coal Mines Boost Local Growth and Support India’s Energy Self-reliance

The Magadh and Amrapali coal mines in Jharkhand are playing a pivotal role in strengthening India’s energy security, contributing nearly half of Central Coalfields Limited’s total coal production in 2024–25. Both mines support the broader goal of ensuring steady coal availability for the power sector under the vision of Aatmanirbhar Bharat. Magadh has estimated mineable reserves of 854.91 million tonnes, while Amrapali holds 456.34 million tonne. For FY 2025–26, the two are expected to generate net sales revenues of Rs 28.12 billion and Rs 23.67 billion respectively. Local development ..