Shares of Kalpataru Power Transmission are up over 2% after the company announced its Q1FY20 results just before the end of market hours.
The company's net profit grew 17.6% yoy in the quarter to Rs100cr vs. Rs85cr in Jun'18.
Revenue went up 33% yoy at Rs2,771cr vs. Rs 2,084cr in Q1FY19.
Revenue growth was driven by strong execution across all businesses.
Kalpataru Power Transmission Ltd is currently trading at Rs471 up by Rs6.65 or 1.43% from its previous closing of Rs464.35 on the BSE.
The scrip opened at Rs468.90 and has touched a high and low of Rs481.45 and Rs464.40 respectively. So far 1,01,671 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs7,125.94cr.
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