Shares of global engineering, procurement and construction (EPC) services company KEC International rose nearly 1% on Wednesday, July 30, after it received a new order.
The Mumbai-based company said in a filing to the exchange that it has received orders across various businesses including transmission and distribution (T&D), cables and conductors, and transportation.
As of 12:30 pm, the company’s shares were trading 0.7% higher at ₹866.30 per share on the NSE. However, the stock has declined nearly 5% in the last month so far and has also seen a decline of about 28% so far this year.
The Mumbai-based company said its core T&D segment has secured orders for high-voltage overhead transmission line projects up to 400 kV quad transmission line in India and 500/400/220 kV in international markets. Additionally, the company will supply hardware, towers and poles to customers in the US and the Middle East, thereby expanding its global execution capabilities.
The Transportation business has received a joint venture order in the Train Collision Avoidance System (TCAS) segment under Kavach in India.
The Cables and Conductors business has received orders for supply of various types of cables and conductors in India and overseas markets.
Vimal Kejriwal, MD & CEO, KEC International said, “Our Transportation business has further strengthened its order book in the coveted TCAS segment (‘Kavach’) by securing yet another order aimed at enhancing the safety of Indian Railways through world-class technology.”
With the existing orders, KEC’s year-to-date order intake has crossed ₹7,000 crore.
KEC International Ltd, a global infrastructure EPC major, an RPG Group company, has received new orders worth ₹1,509 crore across various businesses.
KEC International Q1 results:
KEC International announced its Q1 results on July 28. In Q1 FY26, the company’s net profit grew 42.3% year-on-year to ₹125 crore, as against ₹87.6 crore in the same quarter last year. The company’s consolidated revenue grew 11.3% year-on-year to ₹5,023 crore, from ₹4,512 crore a year ago.
