Hot Pursuit     21-Jan-20
KEI Industries sizzles after robust Q3 numbers
KEI Industries jumped 3.38% to Rs 534.25 after the company reported a robust Q3 December 2019 result after market hours yesterday, 20 January 2020.
On a consolidated basis, KEI Industries reported a 50.4% rise in net profit to Rs 72.52 crore in Q3 December 2019 (Q3FY20) over Q3 December 2018 (Q3FY19). Net sales stood at Rs 1314.22 crore in Q3FY20 as against Rs 1088.18 crore in Q3FY19, registering a rise of 20.8%.

Profit before Tax (PBT) jumped 28.7% to Rs 97.04 crore in Q3 December 2019 as against Rs 75.40 crore in Q3 December 2018. EBIDTA rose 21.33% to Rs 144.13 crore year-on-year (YoY).

KEI Industries said that pending order as on date is approximately Rs 4173 crore out of which EPC is Rs 1828 crore, EHV is Rs 676 crore and cable Rs 1230 crore (out of which export order is Rs 439 crore).

KEI Industries is a cable manufacturing company. It offers high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables.

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 ( Results - Analysis 22-Oct-22   10:04 )
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