KEC International Q2 FY10 PAT up by 135% - 10/30/2009
- Net profit at Rs. 42.09 crore Vs. Rs. 17.94 crore
- Consolidated Revenue Rs. 875.11 crore Vs. Rs. 806.70 crore
Mumbai, October 30, 2009: KEC International Ltd., a global leader in the project management business and an RPG group company, today announced its unaudited consolidated results for quarter ended 30th September 2009.
The company’s net sales are Rs. 875.11 crore as against Rs. 806.70 crore for the corresponding quarter last year, registering a growth of 8.48%. PAT grew by a remarkable 134.62% to Rs. 42.09 crore from Rs. 17.94 crore in the corresponding quarter last year.
The company’s order book as on date is Rs. 5543 crore, of which 57% comes from the South Asia market and the balance 43% from the International market.
“We are delighted that the profitability of the company has increased more than two-fold. We are confident that the company will continue its growth momentum on the backdrop of a large well balanced order book, ” commented Mr. Ramesh Chandak, MD & CEO of the company.
About KEC International Ltd.
KEC International Ltd. is a global leader in the power transmission project management business. With global operations spanning over 20 countries, the company is present in India, UAE, Libya, Ghana, Algeria, Afghanistan, Nigeria, Kazakhstan, Mali, Oman, South Africa, Kenya, Ethiopia and Egypt among several other countries. KEC is the flagship company in the transmission sector of the RPG Group.
About RPG Enterprises
RPG Enterprises is one of the India’s leading business groups with a turnover of Rs 15,000 crore. RPG Enterprises has presence in Sectors like Power, Tyres, Retail, IT, Transmission, Carbon Black, Specialty & Entertainment.
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