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KEC International secures order worth Rs.2,419 crore

Equitypandit_KEC_International

KEC International has won new orders worth Rs.2,419 crore.

Vimal Kejriwal, MD & CEO of the company stated that, 70% orders are from the T&D and the rest 30% are from the railway sector. The orders from the T&DΒ  are worth Rs.1,650 crore, part of it are from India and part from Afghanistan and America and the balance are the composite order from railways.

Furthermore, with this order the company’s order book is approx Rs.17,500 crore and it expects a revenue of Rs.150 crore in FY18 and Rs.500 crore in FY19.

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