The uptick in order intake has resulted in KEC’s order book + L1 being at a record high of over INR 42,500 crore. With this formidable order book and a promising pipeline of tenders, KEC International has a clear visibility of growth in the balance quarters of this year and next year.
Nov 7, 2024
KEC International Ltd has recorded its highest-ever order book (including L1 positions), standing at over INR 42,500 crore.
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While the confirmed order book stood at INR 34,088 crore, the RPG Group entity was placed L1 in an order valued at around INR 8,500 crore. The cumulative order inflow in FY25 ( from April 1, 2024 to November 4, 2024) was INR 13,482 crore, marking a 50 percent growth over the comparable level in FY24. The order inflow in FY25 was equally distributed between domestic and international orders.
In the power T&D business vertical, cumulative order inflows stood at around INR 8,494 crore. Besides, SAE Towers, an overseas subsidiary of KEC, received orders worth around INR 809 crore. Thus, power T&D accounted for 69 percent of KEC’s cumulative order inflows in FY25.
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Commenting on the company’s performance, Vimal Kejriwal, MD & CEO, KEC International Ltd, noted, “We are pleased with a solid quarterly performance, marked by robust revenue growth, increase in profitability and a substantial reduction in debt levels. Despite challenges like ongoing manpower shortages and geopolitical uncertainties, we have maintained consistent revenue growth. The uptick in order intake has resulted in our order book + L1 being at a record high of over INR 42,500 crore. With this formidable order book and a promising pipeline of tenders, we have a clear visibility of growth in the balance quarters of this year and next year as well.”