Mumbai, January 28, 2021: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the third quarter (Q3 FY21) and nine months (9M FY21) ended December 31, 2020.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented, “We have delivered a steady performance for the quarter, amidst global uncertainties. Our Railway and Civil businesses continue their growth momentum as they expand their portfolio in new and emerging segments. Despite the challenging environment, we have been successful in maintaining our profitability at the same level as the corresponding quarter. With a robust and diversified order book + L1 of around Rs 24,000 crore, we are confident of concluding the year with a good growth, despite the challenging circumstances.”
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.
KEC delivers Steady Performance amidst Challenging Times
Revenue growth of 7% YoY
Significant reduction in Interest cost by 60 bps for the quarter
Robust Order Book + L1 of ~Rs. 24,000 crore
