KEC International Strengthened Order Book: Secures New Contract

KEC International Limited is an Indian multinational corporation and the country’s second-largest manufacturer of electric power transmission towers. It is also recognised as one of the largest global companies in the fields of power transmission, engineering, procurement, and construction.

KEC International Ltd. Secured New Order Worth ₹1,073 Crore

On December 30, 2024, shares of KEC International Ltd. experienced an increase of over 5% after the company announced that it had secured new orders worth ₹1,073 crore across its various business divisions. 

About KEC International Ltd. Order Includes 

The Mumbai-based infrastructure leader, part of the RPG Group, highlighted that these orders cover a range of sectors, including transmission and distribution, civil engineering, transportation, and cables. 

In the transmission and distribution segment, KEC International has successfully obtained projects in the Middle East and South Asia, thereby extending its international presence. 

The Civil Engineering Division

The civil engineering division has secured industrial contracts within India, while the transportation sector has received a notable joint venture contract for the design, supply, and construction of a passenger ropeway in the Northeast. Furthermore, the cable division has achieved several contracts for supplying various types of cables, both domestically and overseas.

KEC International Global Presence 

This influx of orders is expected to enhance KEC International’s business prospects and strengthen its position in the global infrastructure market. The company’s diverse portfolio and strong presence in multiple regions have contributed to its continued growth in the competitive infrastructure sector.

KEC International Q2 FY25 Results

KEC International Ltd., a leading infrastructure EPC company, delivered a strong financial performance in Q2 FY25, showcasing robust growth and operational efficiency. The company reported a 14% year-over-year increase in consolidated revenues, reaching ₹5,113 crore, while Profit After Tax (PAT) surged by 53% to ₹85 crore. 

EBITDA for the quarter stood at ₹320 crore, with an improved EBITDA margin of 6.3%. KEC’s impressive year-to-date order intake of ₹13,500 crore marked a 50% growth, contributing to a total order book of over ₹42,500 crore, including L1 positions. 

Share Price Performance 

At 1:32 PM on the NSE, KEC International Ltd. shares were trading at 1,190.00 per share. The stock has increased by 98.49% over the last year.

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