Hot Pursuit     21-Mar-22
KEC International sizzles after order wins
KEC International gained 2.26% to Rs 412.30 after the EPC company secured new orders of Rs 1,005 crore across its various businesses.
The company's transmission & distribution business secured orders for supply of towers and poles in Americas. Meanwhile, the company's railway business secured order for overhead electrification, order for a composite project including track laying and order for 2 x 25 kV overhead electrification & associated works for speed upgradation.

Civil business secured an order for construction of depot cum workshop in the urban infra segment in India while cables business bagged orders for various types of cables in India and overseas.

Vimal Kejriwal, MD & CEO of KEC International said, “We are pleased with the traction in orders, amidst global upheavals. With these orders, our YTD order intake has surpassed Rs. 16,000 crores with a robust growth of 50% vis-à-vis last year. Our Railway business has strengthened its presence with orders in both conventional and emerging segments. The order in Civil has enhanced our order book in the urban infra segment and further diversified our clientele.”

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Smart Infrastructure, Oil & Gas Pipelines, and Cables.

The company reported a 35% fall in consolidated net profit to Rs 94 crore on a 2% rise in revenues to Rs 3,340 crore in Q3 FY22 over Q3 FY21.

Previous News
  K E C International wins orders worth Rs 1349 cr
 ( Corporate News - 13-Dec-22   09:50 )
  KEC Intl gains on bagging orders
 ( Hot Pursuit - 25-Oct-22   09:58 )
  KEC International to declare Quarterly Result
 ( Corporate News - 29-Apr-24   20:22 )
  KEC Intl gains on bagging orders worth Rs 1,042 crore
 ( Hot Pursuit - 06-Jul-23   09:23 )
  K E C International consolidated net profit declines 32.77% in the June 2022 quarter
 ( Results - Announcements 04-Aug-22   08:14 )
  KEC Intl rallies on bagging orders worth Rs 1,007 cr
 ( Hot Pursuit - 21-Aug-23   09:35 )
  KEC International to conduct board meeting
 ( Corporate News - 21-Jan-21   11:29 )
  KEC International completes 100% acquisition of Spur Infrastructure
 ( Hot Pursuit - 14-Oct-21   09:16 )
  Volumes jump at K E C International Ltd counter
 ( Hot Pursuit - 12-Jan-24   11:00 )
  KEC International spurts on bagging orders worth Rs 1,349 cr
 ( Hot Pursuit - 13-Dec-22   09:35 )
  K E C International Ltd Spurts 2.03%, S&P BSE Power index Gains 1.09%
 ( Hot Pursuit - 04-Oct-21   09:30 )
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