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KEC International announces results for 2018-19

Power News - Published on Fri, 10 May 2019

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KEC International, the flagship company of RPG Group, has reported 7.7% in profit after tax to INR 496 crore during 2018-19 from INR 460 crore in the year-ago period while revenue jumped by 9% to INR 11,000 crore from INR 10,091 crore, profit before tax increased by 9.7% to INR 757 crore from INR 690 crore. Earnings before interest, tax, depreciation, and amortisation moved up over 14% to INR 1,150 crore from INR 1,006 crore. The EBITDA margin increased from 10 to 10.5%.

MD & CEO Mr Vimal Kejriwal said "Our order book continues to grow on the backdrop of orders secured across all our business verticals. Our year-end order book stands at INR 20,307 crore, marking a growth of 17% over the previous financial year.”

KEC International is a global infrastructure engineering, procurement and construction major with presence in the verticals of power transmission and distribution, railways, solar, civil, smart infrastructure and cables. It has delivered infrastructure projects in 68 countries.

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Posted By : Mohan Sharma on Fri, 10 May 2019
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