Mumbai, November 04, 2020: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the second quarter (Q2 FY21) and half year (H1 FY21) ended September 30, 2020.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented, “We are pleased with the robust growth in revenues for the quarter, amidst a challenging environment. This is a result of our concerted efforts towards accelerated ramp up in execution, increasing labour strength and deployment of Mechanisation, Automation & Digitalisation initiatives to improve productivity and quality of execution. We have also delivered a growth in profitability backed by significant reduction in interest and tax cost. With operations largely normalized and order book + L1 of ~Rs 23,000 Crs, we are confident of a continued good performance in the second half of the year.
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, Solar, Smart Infrastructure and Cables. The Company is currently executing infrastructure projects in over 30 countries and has a footprint in 100+ countries (includes EPC & Supply). 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.
