KEC International Limited announced its financial results for the quarter ended June 30, 2025 (Q1 FY26), reporting growth in revenue and profitability across its operations.
For Q1 FY26, KEC International’s consolidated revenue stood at ₹5,023 crore, up from ₹4,512 crore in the same quarter last year. EBITDA rose to ₹350 crore compared to ₹294 crore, with EBITDA margin improving to 7.0% from 6.5%. Interest as a percentage of revenue reduced to 3.0% from 3.4%, reflecting improved cost efficiency.
Profit Before Tax (PBT) surged to ₹159 crore from ₹112 crore, while Profit After Tax (PAT) rose to ₹125 crore, marking a healthy PAT margin of 2.5% versus 1.9% a year ago.
On a standalone basis, revenue reached ₹4,030 crore, compared to ₹3,888 crore in Q1 FY25. However, EBITDA remained flat at ₹197 crore versus ₹198 crore, leading to a slight dip in EBITDA margin to 4.9% from 5.1%. Interest costs declined to 3.1% of revenue, while
PBT grew to ₹50 crore from ₹43 crore and PAT stood at ₹37 crore, compared to ₹32 crore last year.
During the year-to-date period, KEC recorded order intake worth ₹5,517 crore, primarily driven by its Transmission & Distribution (T&D) and Civil business. The company’s order book stands at ₹34,409 crore, with additional L1 positions exceeding ₹6,000 crore.
KEC also reported a net debt of ₹5,348 crore as of June 30, 2025, down by approximately ₹250 crore year-on-year despite an 11% growth in trailing 12-month revenue. Net Working Capital (NWC) days increased slightly to 128 from 122 over the same period.
Mr Vimal Kejriwal, MD & CEO, KEC International Ltd, stated, “We have started the year on a strong note by delivering a healthy revenue growth, substantial increase in profitability and a reduction in debt levels. Despite headwinds such as persistent manpower shortages and geopolitical uncertainties, we have continued to deliver consistent profitable revenue growth. Profitability has also seen stellar growth, with PBT and PAT both growing by growing by over 40%.”
He further added, “The outlook across major businesses remains optimistic. With a strong focus on execution, a robust and diversified order book & L1 of over Rs. 40,000 crore and a substantial tender pipeline, we are well positioned to deliver sustained profitable growth in the coming quarters.”
On July 29, 2025, KEC International share price (NSE: KEC) opened at ₹878.00, up from its previous close of ₹863.75. At 10:37 AM, the share price of KEC International was trading at ₹857.45, down by 0.73% on the NSE.
Also Read: KEC International Bags ₹2,211 Crore Orders Across Global Markets!
KEC International delivered solid top-line growth and improved profitability in Q1 FY26, supported by order inflows and disciplined debt management. With a order book and healthy L1 pipeline, the company remains positioned for sustained growth despite margin pressures in standalone operations.
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Published on: Jul 29, 2025, 10:40 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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