Mumbai, January 31, 2012: KEC International Ltd. (KEC), a billion dollar global infrastructure EPC major, an RPG Group company, today announced its unaudited consolidated results for the quarter ended December 31, 2011.
The Company's consolidated Net Revenue for the quarter stands at Rs. 1,459 crore as against Rs. 1,071 crore in the corresponding quarter of the previous year, registering an impressive growth of 36.3% Y-o-Y.
For the quarter, consolidated EBITDA is Rs. 112 crore as against Rs. 125 crore in the corresponding quarter of the previous year. Consolidated Profit before Tax (PBT) is Rs. 116 crore as against Rs. 85 crore in the corresponding quarter of the previous year. Profit for the current quarter includes Rs. 53 crore gains from the land sale located near Vashi.
Consolidated Profit after Tax (PAT) for the quarter is Rs. 81 crore as compared to Rs. 58 crore of the corresponding quarter of the previous year.
The Order Book continues to remain robust and currently stands at Rs. 9,200 crore. It has increased by 15.0% as compared to corresponding quarter of the previous year.
“We are happy to register an impressive revenue growth; we have achieved growth in each of our businesses. Despite the global economic slowdown, our order inflow for the quarter is approx. Rs. 2500 crore, this is the highest ever quarterly order intake for KEC. The current order book is healthy and well diversified which provides good visibility over the coming quarters.” commented Mr. Ramesh Chandak, MD & CEO of the company.
KEC International is a billion dollar turnover, global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission, Power Systems, Cables, Railways, Telecom and Water. The Company has powered infrastructure development in 45 countries across South Asia, Middle East, Africa, Central Asia and Americas. It is a flagship Company of the RPG Group.
RPG Enterprises, established in 1979, is one of India's fastest growing business groups with turnover touching Rs. 13,000 crore. The group has more than fifteen companies managing diverse business interests in the areas of Tyre, Infrastructure, IT, and Speciality.
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