Press release
Press release

KEC INTERNATIONAL DECLARES 45% DIVIDEND - 05/07/2007

Mumbai, May 07, 2007: RPG Group Company, KEC International Ltd. (KEC) today reported that the company’s Board of Directors, in its meeting held earlier in the day, recommended the declaration of 45% dividend i.e. Rs. 4.50 per share of Rs. 10 each.

This comes on the back of KEC earlier reporting Net Profit growth of 112% to Rs. 104.6 crore from last year’s figure of Rs. 49.3 crore. As a result, KEC’s earnings per share (EPS) more than doubled from Rs. 13.58 in 2005-06 to Rs. 27.76 in 2006-07.

Currently, the company boasts an impressive Order Book of over Rs. 3000 crore.

About KEC International

KEC International Ltd. is a global leader in the power transmission engineering, procurement and construction (EPC) business. With global operations spanning over 15 countries, the company is present in UAE, Libya, Tunisia, Algeria, Afghanistan, Nigeria, Iraq, Kuwait, Oman, Zambia and Ethiopia among several other countries. KEC is the flagship company in the transmission sector of the Rs. 11,000 crore RPG Group.