Kalpataru Projects International Q3 Profit Jumps 7% to Rs 149.05 Cr on Strong Revenue

• Kalpataru Projects International reported a nearly 7% rise in consolidated profit for the December quarter.
• The company's consolidated net profit reached Rs 149.05 crore, up from Rs 139.59 crore in the year-ago period.
• Higher revenues were the primary driver for the profit increase.
• Total income for the quarter rose to Rs 6,693.76 crore from Rs 5,742.76 crore a year earlier.
• The board approved additional funding support of up to USD 5 million for its subsidiary, Kalpataru IBN Omairah Company Ltd.