| PAT up by 25%;Order book jumps to Rs 8,000 Crore. |
- PAT at Rs 58 crore, up by 25% Y-o-Y.
- EBITDA margin increases by 130 basis points to 11.6%.
- Revenue at Rs 1,071 crore, up by 13% Y-o-Y.
- Current order book is robust & highest ever at Rs 8,000 Crore.
Mumbai, January 31, 2011: , KEC International Ltd. (KEC), one of the leading players in the Infrastructure EPC space and a global leader in the power transmission EPC business, today announced its unaudited consolidated results for the quarter ended December 31, 2010.
The Company's consolidated net revenue stood at Rs 1,071 crore as against Rs 949 crore in the corresponding quarter of the previous year, registering a growth of 13%.
Consolidated EBITDA was Rs 125 crore at 11.6% of revenue as against Rs 97 crore at 10.3% of revenue in the corresponding quarter of the previous year, registering an increase of 130 basis points.
Consolidated Profit after Tax (PAT) for the quarter was Rs 58 crore, up by 25% as compare to the corresponding quarter of the previous year. PAT Margin has increased by 110 basis points to 5.4% of revenue.
The Company’s wholly owned subsidiary SAE Towers’ Revenue for the quarter stood at Rs 149 crore at EBITDA margins of 19.8%. SAE has secured orders worth Rs 280 crores during the quarter.
The Company’s current order book is at an all time high at Rs. 8000 crore. Of this 47% comes from the South Asia market and the balance 53% from the International market.
“We are happy to see good performance of SAE Towers during the quarter. We have healthy order book and a sizeable amount of tenders in the pipeline,” said Ramesh Chandak, MD & CEO of KEC International Limited.”
About KEC International Ltd.
KEC International, a RPG Group Company, is one of the leading players in the Infrastructure Engineering, Procurement and Construction (EPC) space. The Company has a significant presence in the segments of Power Transmission, Power Distribution, Railways, Telecom and Manufacturing of Cables & Towers. The company has made an indelible mark on the world map by powering infrastructure development in over 45 countries across the globe.
About RPG Enterprise.
RPG Enterprises, established in 1979, is one of India’s fastest growing business groups with a turnover touching Rs. 17,000 cr. The group has more than sixteen companies managing diverse business interests in the areas of Infrastructure, Tyre, IT, Power, Retail, Entertainment, Carbon Black and Specialty.
For further information, please contact:
- Mayur Khetan, Manager ? Investor Relations & Corporate,Ph: +91 22 66670253, e-mail: khetanmm@kecrpg.com
- Priti Dalal, RPG Group Corporate Communications, Ph: 91 9820860627, e-mail: pritidalal@rpg.in
KEC International, An RPG Group Company. Copyright © 2010 KEC International Ltd. All rights reserved.
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