KEC’s revenues grew 7% y-o-y amid pandemic

KEC International Ltd, a global infrastructure EPC major and an RPG Group company, recently announced their results for the third quarter (Q3 FY21) and nine months (9M FY21) ended 31 December 2020. Amid the recent challenging times, KEC’s results show steady performance and a revenue growth of 7% year-on-year (y-o-y).

Q3FY21 vs Q3FY20

KEC International has a presence in the verticals of power transmission and distribution, railways, civil, solar, smart infrastructure and cables.

Vimal Kejriwal, MD & CEO, KEC International Ltd, said, “We have delivered a steady performance for the quarter, amidst global uncertainties. Our railway and civil businesses continue their growth momentum as they expand their portfolio in new and emerging segments. Despite the challenging environment, we have been successful in maintaining our profitability at the same level as the corresponding quarter. With a robust and diversified order book + L1 of around Rs 24,000 crore, we are confident of concluding the year with good growth, despite the challenging circumstances.”

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