Mumbai, July 28, 2009: KEC International Ltd., a global leader in the power transmission EPC business and an RPG group company, today announced its unaudited consolidated results for quarter ended 30th June 2009.
The company’s net sales were Rs. 726.77 crore as against Rs. 600.14 crore for the corresponding quarter last year registering a growth of 21.10%. PAT grew by an impressive 50.47% to Rs. 38.40 crore from Rs. 25.52 crore in corresponding quarter last year.
The company’s order book as on 30th June 2009 was Rs. 5155 crore of which 58% comes from the South Asia market and the balance 42% from the International market.
“The company has performed well despite the fact that we are yet to see a true revival of the economy. Our order book stands robust and diversified. We are confident of keeping the momentum in the growth in the year ahead.” commented Mr. Ramesh Chandak, MD & CEO of the company.
KEC International Ltd. is a global leader in the power transmission engineering, procurement and construction (EPC) business. With global operations spanning over 20 countries, the company is present in India, UAE, Saudi Arabia, Libya, Ghana, Algeria, Afghanistan, Nigeria, Kazakhstan, Kenya, Mali, Tajikistan, South Africa, Namibia, Mozambique, Ethiopia and Egypt among several other countries. KEC is the flagship company in the transmission sector of the RPG Group.
RPG Enterprises is one of the India’s leading business groups with a turnover of Rs. 15,000 crore. RPG Enterprises has presence in Sectors like Power, Tyres, Retail, IT, Transmission, Carbon Black, Specialty & Entertainment.
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