Shares of KEC International Ltd rose 5% to touch a dayโs high of Rs 655.65 on 3rd February. This happened after the company said it had received new orders worth Rs 1,020 crore across its civil, transportation, transmission & distribution, and cables & conductors businesses.
In an exchange filing, KEC International said its civil business won an order to build a multispeciality hospital for a reputed healthcare player. In contrast, its transportation business secured a railway siding project for a private player in Central India.
The companyโs transmission & distribution (T&D) business received multiple orders. These include 220 kV and 132 kV cabling works from a steel producer in Eastern India. In addition, its US arm also bagged orders to supply towers, hardware and poles in the United States.
The cables & conductors business secured orders for supplying various cables and conductors across India and overseas markets.
MD & CEO Vimal Kejriwal said the new orders strengthen KECโs presence in the hospital segment and described the railway siding project as a key strategic win. He added that subsidiary SAE Towers continues to see strong momentum in the North American T&D market.
With these wins, KECโs year-to-date order intake has reached around Rs 20,300 crore.
For Q3FY26, the company reported mixed results. Consolidated net profit fell 1.6% YoY to Rs 127.5 crore, while revenue rose 12.2% YoY to Rs 6,001 crore. EBITDA increased 15% YoY to Rs 430.3 crore, and the EBITDA margin improved to 7.1% from 7% a year ago.
At 12:46 PM, shares of KEC International were trading 1.80% higher at Rs 627 on NSE.
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