Mumbai, July 26, 2024: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the first quarter (Q1 FY25) ended June 30, 2024.
| Consolidated Financial Performance | Standalone Financial Performance |
|---|---|
|
|
Order Intake:
YTD Order intake of Rs. 7,664 crore, stellar growth of over 70% YoY.
Order Book:
YTD Order Book of Rs. 32,715 crore; Additionally, L1 of over Rs. 9,500 crore.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We have delivered a strong performance in an election quarter, marked by significant growth in profitability, record order inflows and highest ever order book. Despite challenges such as the acute manpower shortage, we have achieved growth in our Revenues. Our EBITDA margins continue to strengthen, showing an improvement every quarter, with margins increasing by 70 basis points, from 5.8% in Q1 FY24 to 6.5% in Q1 FY25. With a record order book & L1 position of over Rs 42,000 crore, coupled with a promising tender pipeline, we are well positioned to deliver sustained 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, Civil, Railways, Urban Infrastructure, Renewables, 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 close to US$ 4.8 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.
