Mumbai, August 03, 2022: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the first quarter (Q1 FY23) ended June 30, 2022.
| Consolidated Financial Performance | Standalone Financial Performance |
|---|---|
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Order Intake: YTD Order intake of Rs. 3,472 crore
Order Book: Order Book as on 30 June 2022 of Rs. 23,720 crore, a strong growth of 16% YoY; L1 of over Rs. 8,000 crore.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with our healthy revenue growth and order intake, despite significant challenges. The growth has been delivered by good performances in most of our businesses such as T&D, Civil, Railways, Oil & Gas and Cables. The consolidated margins have been impacted primarily due to the elevated commodity prices & logistics costs and SAE Brazil performance. With the new orders announced last week, our order book along with current L1 pipeline stands at a record level of over Rs. 30,000 crore. Our robust and well diversified order book gives us confidence of delivering a continued good growth in the coming quarters.”
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Smart Infrastructure, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). It is the flagship Company of the RPG Group.
RPG Enterprises, established in 1979, is one of India's fastest growing business groups with a turnover of US$ 4 Billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses.
KEC delivers Robust Revenue growth of 31% YoY
Highest Ever Order Book + L1 of over Rs. 30,000 crore
