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In the transmission & distribution (T&D) business, the company has secured an order for a 765 kV transmission line from a private developer in India.
The Civil business of KEC has bagged orders for industrial and residential projects in India.
The company's Cables business has secured orders for various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International, commented, “The prestigious order in T&D from an existing private developer reaffirms our confidence in the growth of the India T&D business.
The civil business continues to be on a high growth trajectory and widens its presence by securing orders in the composite space (including civil, mechanical and electrical works).”
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 81.2% to Rs 17.60 crore despite of 31% net sales to Rs 4,374.62 crore in Q3 FY23 over Q3 FY22.
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