Hot Pursuit     29-May-20
KEC International Q4 PAT falls 3% to 193 cr
KEC International reported 3% decline in consolidated net profit to Rs 193 crore on 4.4% fall in revenue from operations to Rs 3671 crore in Q4 March 2020 over Q4 March 2019.

Profit before tax stood at Rs 269 crore in Q4 FY20, down 10.9% from Rs 302 crore in Q4 FY19. EBITDA during the quarter fell 7% to Rs 371 crore, from Rs 399 crore in the corresponding period last year. EBITDA margin stood at 10.1% in Q4 March 2020 as against 10.4% in Q4 March 2019.

Consolidated net profit jumped 14.1% to Rs 566 crore on 8.8% rise in revenue from operations to Rs 11,965 crore in the year ended March 2020 (FY20) over the year ended March 2019 (FY19). PBT stood at Rs 790 crore in FY20, up by 4.4% from Rs 757 crore in FY19. EBITDA rose 7.30% to Rs 1,234 crore in FY20 over FY19. EBITDA margin stood at 10.3% in FY20 as against 10.5% in FY19.

Vimal Kejriwal, MD & CEO, KEC International, commented, "We are pleased that we have ended the year with growth both in terms of Revenue and Profitability, amidst unprecedented times. Our geographical and business portfolio diversification is paying off well in the current environment. Railways and our core T&D business have been the primary growth drivers this year.

With the new orders announced last week, our year end order book along with current L1 pipeline stands at over Rs. 24,000 crore. Our robust and well diversified order book gives us confidence of delivering a strong performance in FY21."

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, solar, smart infrastructure and cables.

The scrip rose 1.11% to Rs 195 on Friday. It traded in the range of Rs 192.80 and Rs 199.95 during the day.

Previous News
  Volumes spurt at K E C International Ltd counter
 ( Hot Pursuit - 13-Sep-23   14:30 )
  KEC International wins orders of Rs 1,002 cr
 ( Corporate News - 05-Jun-24   09:11 )
  KEC Intl hits record high after bagging order worth Rs 1,012 cr
 ( Hot Pursuit - 13-Sep-23   09:42 )
  K E C International fixes record date for final dividend
 ( Market Beat - Reports 02-Jun-22   17:05 )
  Volumes spurt at K E C International Ltd counter
 ( Hot Pursuit - 13-Sep-23   11:00 )
  KEC Intl gains on bagging orders worth Rs 1,002 cr
 ( Hot Pursuit - 05-Jun-24   10:29 )
  K E C International receives affirmation in credit ratings
 ( Corporate News - 01-Apr-23   17:55 )
  KEC International to convene AGM
 ( Corporate News - 11-Jul-23   16:35 )
  K E C International consolidated net profit rises 0.74% in the March 2021 quarter
 ( Results - Announcements 12-May-21   07:33 )
  Volumes soar at Zydus Wellness Ltd counter
 ( Hot Pursuit - 13-Jul-22   14:30 )
  K E C International Ltd Spurts 2.03%, S&P BSE Power index Gains 1.09%
 ( Hot Pursuit - 04-Oct-21   09:30 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top