KEC International , a global infrastructure EPC major and part of the RPG Group, has announced securing new orders worth ₹1,509 crore across multiple business segments, leading to a positive market response. The company's shares gained following the announcement, reflecting investor confidence in its growth trajectory.

Order Details

The new orders span across several key business areas:

Transmission & Distribution (T&D)

• 400 kV Quad Transmission lines in India
• 500/400/220 kV Overhead Transmission lines in international markets
• Supply of towers, hardware, and poles in the Americas and the Middle East

Transportation

• Secured an order in a joint venture for the Train Collision Avoidance System (TCAS) under the Kavach project in India

Cables & Conductors

• Supply contracts for various types of cables and conductors in both domestic and overseas markets

Financial Performance

KEC International's recent quarterly results have shown robust growth:

Net profit increased to ₹125.00 crore, while consolidated revenue grew to ₹5,023.00 crore.

Market Response

The market responded positively to the news:

• Shares traded 0.70% higher following the announcement
• However, the stock has experienced a decline of nearly 28.00% year-to-date

Year-to-Date Order Intake

With these new orders, KEC International's year-to-date order intake has surpassed ₹7,000.00 crore, indicating strong business momentum.

Management Commentary

Vimal Kejriwal, MD & CEO of KEC International, expressed enthusiasm about the order wins, stating:

"We are delighted by the order wins secured across our businesses. These include a significant international order that expands our global T&D footprint. We are also enthused by the repeat order from a private developer which bolsters our presence in the domestic T&D market."

Kejriwal also highlighted the company's strengthened position in the transportation sector, particularly in the TCAS segment, which aims to enhance the safety of Indian Railways through world-class technology.

Company Profile

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major with a presence in over 110 countries. The company operates across various verticals including Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables & Conductors.

As the flagship company of the RPG Group, KEC International continues to demonstrate its capabilities in securing diverse projects and expanding its global footprint in the infrastructure sector.

KEC International , a global infrastructure EPC major and part of the RPG Group, has announced securing new orders worth ₹1,509 crore across multiple business segments, leading to a positive market response. The company's shares gained following the announcement, reflecting investor confidence in its growth trajectory.

Order Details

The new orders span across several key business areas:

Transmission & Distribution (T&D)

• 400 kV Quad Transmission lines in India
• 500/400/220 kV Overhead Transmission lines in the overseas market
• Supply of towers, hardware, and poles in the Americas and the Middle East

Transportation

• Secured an order in a joint venture for the Train Collision Avoidance System (TCAS) under the Kavach project in India

Cables & Conductors

• Orders for supply of various types of cables and conductors in both domestic and international markets

Financial Performance

KEC International's recent quarterly results have shown robust growth:

Market Response

The market responded positively to the news:

• Shares traded 0.70% higher following the announcement
• However, it's worth noting that the stock has declined nearly 28.00% year-to-date

Year-to-Date Order Intake

With these new orders, KEC International's year-to-date order intake has surpassed ₹7,000 crore, indicating strong business momentum.

Management Commentary

Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed enthusiasm about the order wins, stating, "We are delighted by the order wins secured across our businesses. These include a significant international order that expands our global T&D footprint. We are also enthused by the repeat order from a private developer which bolsters our presence in the domestic T&D market."

He further added, "Our Transportation business has further strengthened its order book in the prestigious TCAS segment ('Kavach') by securing another order aimed at enhancing the safety of Indian Railways through world-class technology."

The diverse nature of these orders, spanning both domestic and international markets, underscores KEC International's strong position in the global infrastructure EPC sector. As the company continues to expand its order book, investors will be watching closely to see how these new projects translate into future revenue and profit growth.