The company's Railways business has secured its maiden international order for a signaling & telecommunication project in SAARC.
The Civil business has bagged an order in the metals & mining segment from a reputed steel player in India.
The Transmission & Distribution (T&D) business has secured an order for setting up of overhead transmission line in Middle East. It has also received a contract for supply of towers in India, Europe and the United States of America. The company's subsidiary SAE Towers has bagged orders for supply of towers, hardware and poles in Americas.
The Cables business has secured orders for supply of various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International, commented, “We are pleased with the new order wins secured across our business verticals. The Railway business has successfully expanded its footprint internationally, leveraging the strong presence of our T&D business.
The Civil business continues to strengthen its order book in the industrial segment with the addition of a very reputed client. The maiden tower supply order from Europe is a testament of our dedicated focus on diversifying the tower sales business geographically.”
KEC International executes power transmission and distribution, railways, civil and solar projects on an EPC basis. It also manufactures power and telecom cables. KEC is one of the largest power transmission EPC companies in the world with presence in over 70 countries and a strong presence in India, the Middle East, Africa, South Asia the Americas and Central Asia.
The company's consolidated net profit declined 35.6% to Rs 72.17 crore despite of 29.2% rise in net sales to Rs 5,525.01 crore in Q4 FY23 over Q4 FY22.
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