The firm's transmission & distribution (T&D) business has secured orders for T&D projects in India and Americas. The order entails distribution of 400/220 kV Transmission lines and 220/132 kV GIS & AIS Substation orders in India and Supply of Towers, Hardware and Poles in Americas.
The civil business of the company has secured an order in the commercial building segment in India and Oil & Gas Pipelines business of the company has secured an order for composite works for an oil terminal station in India.
The company’s cable business has secured orders for supply of various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International commented, “The momentum in our tower supply orders especially in North America is indicative of the growing demand for our product offerings in the region. Our Civil business has further expanded its presence in the commercial building segment with an order from a reputed real estate developer for a hybrid high-rise structure. The Oil & Gas Pipeline business has strengthened its order book by securing its second order for composite station 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.
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 0.08% to Rs 591.05 on the BSE.
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