Robust Order Book + L1 of over Rs. 26,000 crore
Mumbai, July 30, 2021: KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, today announced its results for the first quarter (Q1 FY22) ended June 30, 2021:
Consolidated Financial Performance:
Q1 FY22 v/s Q1 FY21
- REVENUE: Rs 2,540 crore against Rs 2,207 crore
- EBITDA: Rs 160 crore against Rs 195 crore
- EBITDA Margin: 6.3% against 8.8%
- Interest as % to Revenue: 2.6% against 3.0%
- Profit Before Tax (PBT): Rs 59 crore against Rs 96 crore
- PBT Margin: 2.3% against 4.4%
- Profit After Tax (PAT): Rs 46 crore against Rs 71 crore
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the growth in our Revenues, delivered by good performances in our Non-T&D businesses such as Civil, Railways and Cables. The margins have been impacted by the adverse raw material prices and the continued challenging environment in Brazil. With the new orders announced today, our order book along with current L1 pipeline stands at over Rs. 26,000 crore. Our robust and well diversified order book gives us confidence of delivering a continued good growth for the year.”
About KEC International Limited
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, Urban Infrastructure, Solar, Smart Infrastructure, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries and has a footprint in 105+ countries (includes EPC, Supply of Towers and Cables). It is the flagship Company of the RPG Group.
About RPG Enterprises
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.