The Civil business received a repeat order for a high-rise residential project from a reputed real estate developer in Northern India. In its Cables & Conductors business, KEC International bagged multiple orders for the supply of cables and conductors catering to both domestic and overseas markets.
Also Read: KEC International Q1 results: Net profit rises 42% YoY; revenue, margin improvesVimal Kejriwal, MD and CEO, KEC International, said, “We are pleased with the order wins across our businesses. In the India T&D business, we have expanded our customer base by securing a prestigious order from a reputed private player.
We are also encouraged by the repeat order secured from a leading private developer in the Buildings & Factories (B&F) segment in India. With these additions, our YTD order intake has surpassed Rs. 8,400 crores. These orders, along with the orders announced earlier during the year, will substantially contribute towards our targeted growth going forward.”
On Friday (August 14), shares of KEC International Ltd ended at ₹778.45, down by ₹14.85, or 1.87%, on the BSE.
Also Read: KEC International shares rise after ₹1,509 crore order win
