KEC International Secures ₹1,002 Crore Orders, Shares Rise
KEC International rises after bagging Rs 1,002-cr orders across segments
Business Standard
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KEC International, a global engineering, procurement, and construction (EPC) company, has seen its shares increase by 1.61% after securing ₹1,002 crore (approximately $121 million USD) in new orders across various sectors, including Transmission & Distribution, renewables, and transportation. This reflects the company's growth in both domestic and international markets.
- 01KEC International secured new orders worth ₹1,002 crore (approximately $121 million USD).
- 02The orders cover multiple sectors, including Transmission & Distribution, renewables, and transportation.
- 03The company reported a consolidated net profit of ₹127.5 crore in Q3FY26, down 1.6% YoY.
- 04Revenue from operations increased by 12.2% YoY to ₹6,001 crore.
- 05The new orders signify KEC's expanding presence in both domestic and international markets.
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KEC International, based in India, has experienced a 1.61% rise in its share price to ₹579.15 after securing new orders totaling ₹1,002 crore (approximately $121 million USD) across various business segments. The orders span key verticals such as Transmission & Distribution (T&D), renewables, and transportation, indicating a diversified inflow of projects. Notably, in the T&D segment, KEC has won projects in India and the Americas, including 500 kV HVDC transmission lines from a private developer in Western India and 132 kV cabling works from a steel producer in Eastern India. In the renewables sector, the company secured a 100+ MW wind project in Southern India, showcasing its growth in wind energy. Additionally, the transportation division received two orders in the Automatic Block Signalling (ABS) segment, enhancing its technological capabilities in railway systems. Despite a 1.6% year-on-year decline in net profit to ₹127.5 crore for Q3FY26, revenue rose by 12.2% to ₹6,001 crore compared to the previous year, reflecting the company's overall strong performance.
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The new orders will enhance KEC International's operational capacity and market presence, potentially leading to job creation and economic growth in the regions where projects are executed.
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