In Railways business, the company has bagged orders in the technologically enabled and conventional/emerging segments in India. The orders include signaling and telecommunication for automatic block signaling (ABS) system and 2 x 25 kV overhead electrification (OHE), and associated works for speed upgradation.
KEC's transmission and distribution (T&D) business has secured orders for T&D projects in India and Americas, including a 400-kV transmission line order in India, supply of towers in India and the United States of America. Further, the order also entails supply of towers, hardware, and poles in Americas, secured by its subsidiary SAE Towers.
The civil business received orders in the residential and commercial building segments in India. Meanwhile, Cables business secured orders for various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International, said, “In line with Government's focus on increasing capacity, speed and safety of Indian Railway network, we have forayed in the emerging segment of Automatic Block Signaling (ABS) to increase line capacity through automation.
Our civil business continues to witness an exponential growth trajectory which is reflected in the orders secured. The repeat order in T&D from an existing private developer reaffirms the growth of the India T&D business. We are also witnessing a good traction in the tower supply orders, especially in North America.”
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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