Mumbai, February 07, 2020: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the third quarter (Q3 FY20) and nine months (9M FY20) ended December 31, 2019.
We have declared an Interim Dividend of 170% of the face value, at Rs. 3.40 per share on face value of Rs. 2 per share – Total Outflow of Rs. 105.38 crore including Dividend Distribution Tax.
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd commented, “We are very pleased with the consistent growth in both Revenue and Profitability, reflecting a strong performance amidst global uncertainties. Our robust and well diversified order book gives us confidence to deliver on our growth targets for the year.””
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 robust Q3 FY20 Performance with PAT growth of 29%
Q3 FY20 PBT growth of 19%
Q3 FY20 Revenue growth of 16%
Interim Dividend of 170%