| KEC International’s Revenue Grows by 20.9%; PAT Grows by 25.4%. |
- Revenue at RS. 1,022.5 crore, up by 20.9% Y-o-Y .
- EBITDA at RS. 96.0 crore, up by 13.7% Y-o-Y.
- Net Profit at RS. 33.1 crore, up by 25.4% Y-o-Y.
- Order Book is Robust and Increased to RS. 8,116 crore.
Mumbai, July 30, 2011: ,KEC International Ltd. (KEC), a billion dollar global infrastructure EPC player, today announced its unaudited consolidated results for the first quarter ending June 30, 2011.
The company's consolidated Net Revenue stood at RS. 1,022.5 crore as against RS. 846.0 crore in the corresponding quarter of the previous year, registering a growth of 20.9%.
EBITDA, for the quarter increased by 13.7% Y-o-Y to RS. 96.0 crore. EBITDA margin stood at 9.4% of revenue..
Profit after Tax (PAT) , was RS. 33.1 crore at 3.2% of revenue as against RS. 26.4 crore at 3.1% of revenue in the corresponding quarter last year. PAT has grown by 25.4% Y-o-Y.
The Order Book has grown from RS. 7,800 crore by Q4 FY11 end to RS. 8,116 crore, of which ~56% comes from the International market.
We are continuously growing our top-line and bottom-line, we are seeing good demand across the world and have robust order book. In addition to this, our wholly owned subsidiary SAE Towers also continues to perform well” commented Mr. Ramesh Chandak, MD & CEO of the Company.
About KEC International Ltd.
KEC International is a billion dollar turnover, global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission, Power Systems, Cables, Railways, Telecom and Water. The Company has powered infrastructure development in 45 countries across South Asia, Middle East, Africa, Central Asia and Americas. It is a flagship company of the RPG Group.
About RPG Enterprise.
RPG Enterprises, established in 1979, is one of India’s fastest growing business groups with turnover touching RS. 18,000 crore. The group has more than sixteen companies managing diverse business interests in the areas of Power, Tyre, Infrastructure, IT, Retail, Entertainment, Carbon Black and Speciality.
For further information, please contact:
- Mayur Khetan, Manager - Investor Relations & Corporate,Ph: +91 22 66670253, e-mail: khetanmm@kecrpg.com
- Priti Gandhi, Corporate Communications RPG Group, Ph: 91 9820860627, e-mail: pritigandhi@rpg.in
KEC International, An RPG Group Company. Copyright © 2010 KEC International Ltd. All rights reserved.
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