The firm's transmission & distribution (T&D) business has secured orders for T&D and cabling projects in India, Middle East, Europe, Africa and Americas.
The orders entails distribution of 220 and 400 kV overhead transmission lines in Middle east; 110kV transmission lines in Europe; supply of towers in Middle East, Africa and Americas; supply of hardware and poles in Americas; 220kV cabling works in India from a global steel producer.
Further, the railways business has secured an order for 25 kV overhead electrification (OHE) & associated works in the conventional segment in India.
The cables business has secured orders for supply of various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International, said, “The orders in the T&D business have expanded our order book in the Middle East outside Saudi. We are particularly enthused by the order in railways, which further consolidates our order book in the conventional Railway segment. With these orders, our YTD order intake stands at Rs 10,000 crore”.
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.
On a consolidated basis, net profit of Kec International rose 1.1% to Rs 55.83 crore on 10.7% jump in net sales to Rs 4,499.03 crore in Q2 FY24 over Q2 FY23.
The scrip rose 0.90% to Rs 604.75 on the BSE.
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