KEC International Ltd., a global infrastructure EPC major and RPG Group company, has secured new orders worth ₹1,020 crore across multiple business verticals. The announcement was made on February 03, 2026, highlighting the company's continued expansion across diverse infrastructure segments.

Order Breakdown Across Business Verticals

The new orders are distributed across four key business segments, demonstrating the company's diversified portfolio approach:

Strategic Wins and Market Expansion

The Civil business has strengthened its presence in the healthcare segment with the multispecialty hospital project, marking a significant entry into this specialized construction vertical. The Transportation segment's railway siding order represents a strategic win that expands the company's capabilities in private railway infrastructure development.

In the Transmission & Distribution segment, the company secured multiple contracts including high-voltage cabling works from a reputed steel producer in Eastern India. Additionally, the supply orders for towers, hardware and poles in the Americas demonstrate international market penetration.

Year-to-Date Performance

According to MD & CEO Vimal Kejriwal, these new wins bring the company's year-to-date order intake to approximately ₹20,300 crore. He highlighted the subsidiary SAE Towers' successive large tower supply orders in the United States, indicating continued momentum in the North American T&D market.

Company Profile and Market Presence

KEC International operates as a global infrastructure Engineering, Procurement and Construction major with presence across Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables & Conductors verticals. The company maintains a footprint in over 110 countries through EPC projects and supply of towers and cables.

As the flagship company of RPG Enterprises, KEC International benefits from the group's diverse business portfolio spanning Infrastructure, Tyres, Pharma, IT and Specialty sectors, with the group reporting a turnover of US$ 5.20 billion.

KEC International Limited has delivered a strong financial performance in Q3FY26, demonstrating resilience and growth across its diversified business portfolio. The infrastructure and engineering company announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, showcasing significant revenue expansion and operational improvements.

Financial Performance Highlights

The company's consolidated financial performance for Q3FY26 reflects robust growth momentum across key metrics:

For the nine-month period ended December 31, 2025, the company achieved even more impressive growth:

EBITDA Performance Analysis

KEC International demonstrated strong operational efficiency with EBITDA reaching Rs. 4.30 billion in Q3FY26, marking a significant improvement from Rs. 3.74 billion in the corresponding quarter of the previous year. The EBITDA margin expanded to 7.17% from 7.00%, indicating enhanced operational leverage and cost management despite inflationary pressures in the infrastructure sector.

Segment-wise Performance

KEC International operates through two primary business segments, with the EPC (Engineering, Procurement and Construction) segment being the dominant contributor. The segment-wise revenue breakdown for Q3FY26 shows:

The EPC segment, which comprises infrastructure projects including power transmission, railways, and urban infrastructure, continues to be the primary revenue driver. The Others segment, primarily consisting of the cables business, showed exceptional growth of 36.79% in Q3FY26.

Exceptional Items Impact

The company's financial results were impacted by exceptional charges of Rs. 58.78 crore in Q3FY26, related to employee benefit obligations under India's new Labour Codes that became effective November 21, 2025. This one-time charge represents incremental estimated employee benefit obligations for past services, calculated based on actuarial valuation in accordance with Ind AS 19.

Earnings Call Transcript Now Available

Following the announcement of Q3FY26 results, KEC International has made the transcript of its earnings conference call available to stakeholders. The company informed stock exchanges on February 02, 2026, that the transcript of the conference call held on January 30, 2026, for the unaudited financial results has been uploaded on the company's website at https://www.kecrpg.com/earning-call-transcripts .

Operational Efficiency Metrics

KEC International's operational performance indicators demonstrate improved efficiency:

Standalone Performance

On a standalone basis, KEC International reported revenue from operations of Rs. 4,808.09 crore in Q3FY26 compared to Rs. 4,757.64 crore in Q3FY25, representing a modest growth of 1.06%. Standalone net profit was Rs. 38.98 crore versus Rs. 72.89 crore in the previous year, primarily due to exceptional charges of Rs. 52.29 crore related to the new Labour Codes.

Legal and Regulatory Updates

The company continues to address an ongoing investigation by a government agency related to a transmission project, where a chargesheet has been filed and the court has taken cognizance. KEC International maintains that this matter will not have any material impact on its operations and financial results, emphasizing its commitment to the highest standards of corporate governance and compliance.

The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 30, 2026, with statutory auditors conducting a limited review of the unaudited financial results.