Mumbai, May 16, 2026: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the fourth quarter (Q4 FY26) and full year (FY26) ended March 31, 2026.

Consolidated Financial Performance:

#Exceptional items include:

• Provision of Rs. 59 crore made in Q3 FY26 towards the new labour code
• Income of Rs. 24 crore from an arbitration award recognized last year in Q1 FY25

Standalone Financial Performance:

#Exceptional items include:

• Provision of Rs. 52 crore made in Q3 FY26 towards the new labour code
• Income of Rs. 166 crore towards reversal of impairment of SAE Towers subsidiary in Q4 FY26
• Income of Rs. 24 crore from an arbitration award recognized last year in Q1 FY25

Note: Wef 1st Jan’25, Cables business has been transferred into a wholly owned subsidiary, KEC Asian Cables Limited and hence its financials have ceased to be a part of standalone numbers. On a like-to-like basis, excluding Cables financials for 9M FY25 from the previous year’s standalone numbers, the Revenue growth stands at 6% for FY26

Consolidated Order Intake and Order Book:

Order Intake:

• FY26 Order intake of Rs. 25,280 crore
• Secured orders of over Rs. 1,000 crore in FY27 till date

Order Book:

• Order Book as on 31 March 2026 of Rs. 36,267 crore
• Current order book & L1 position stands at over Rs. 40,000 crore

Consolidated Net Debt and Net Working Capital:

• Net Debt including Acceptances stands at Rs. 6,722 crore as on 31 Mar’26, a reduction of Rs. 84 crore, compared to 31 Dec’25. There was a spillover of collections of ~Rs. 450 Cr which have been realized in first week of April’26
• Net Working Capital (NWC) stands at 137 days as on 31 Mar’26, vis-à-vis 135 days as on 31 Dec’25

Dividend: :

• Recommended a Dividend of Rs. 5.5/- per equity share i.e. 275% of face value of Rs. 2/- each for FY26/li>

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We achieved our highest-ever Revenues, Profitability and Order Intake during the year, despite a challenging operating environment especially in Q4. The record performance was driven by robust execution in our T&D business, with its contribution to revenues increasing significantly to 68% from 59% last year. Profitability also improved considerably, with operating PBT growing by 21% and operating PAT growing by 18% YoY.
Our order book has been substantially strengthened through multiple strategic wins, taking the combined order book and L1 position beyond Rs. 40,000 crore. Despite the uncertain operating environment, our robust order book and healthy tender pipeline position us well to deliver sustained growth in the coming quarters."

About KEC International Limited

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. It has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). It is the flagship Company of the RPG Group.

About RPG Enterprises

RPG Enterprises, established in 1979, is one of India’s fastest-growing business groups with a turnover of US$ 5.2 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.