The civil business has secured an order for design, engineering, procurement and construction of a multispeciality hospital in India.
The company's transmission & distribution (T&D) business has secured an order for a 380 kV overhead transmission line project in the Middle East.
The cable business of EPC major has also secured orders for supply of various types of cables in India and overseas.
Vimal Kejriwal, managing director (MD) & chief executive officer (CEO), KEC International commented, “We are pleased with the continuous inflow of orders, especially in our T&D and civil businesses. In line with our strategy, the civil business has expanded its presence by securing a breakthrough order for building a multispeciality hospital in Eastern India. The T&D order in the Middle East region has significantly enhanced our order book in the international T&D market. With the above orders, our YTD order intake stands at a record level of over Rs 5,500 crore, a strong growth of more than 15% vis-à-vis last year.”
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 jumped 36.5% to Rs 42.33 crore on 27.9% increase in net sales to Rs 4,243.59 crore in Q1 FY24 over Q1 FY23.
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