KEC International shares rally over 6% as firm bags multiple orders worth ₹1,020 crore

The company’s civil vertical bagged an order for the construction of a multispeciality hospital from a renowned healthcare player in Central India. Its transportation has also secured an order for the construction of a railway siding for a private player in the same region.

KEC International’s Transmission & Distribution (T&D) segment secured new orders, including 220 kV and 132 kV cabling projects from a reputed steel producer in eastern India, along with contracts for the supply of towers, hardware, and poles in the Americas.

Furthermore, the company’s cable business unit bagged orders for the supply of various types of cables and conductors in India and the overseas market.

With these orders, KEC International’s total order intake stands at approximately ₹20,300 crore on a year-to-date basis.

Commenting on the development, Vimal Kejriwal, MD & CEO, said, “We are pleased with the new order wins secured across our business verticals. Our civil business has strengthened its presence in the hospital segment with an order for the construction of a multispeciality hospital in Central India. In the transportation business, the railway siding order from a private player is a key strategic win that widens our order book.”

Kejriwal added that the company’s subsidiary, SAE Towers, has secured successive large tower supply orders in the United States, underscoring sustained momentum in the North American T&D market.

KEC International share price

At 2:12 PM, shares of KEC International were trading at ₹622.05 apiece, rising 1%.

However, over a month’s time, the stock has lost over 17%, while in six months, it has tumbled more than 25%. On a year-on-year basis, KEC International shares have fallen 22%.

Its market capitalisation stands at ₹16,545.66 crore.

KEC International Q3 earnings

KEC International had reported a marginal fall of around 2% in consolidated net profit to ₹127.46 crore in the December quarter, on account of higher expenses. It had clocked a net profit of ₹129.56 crore in the October-December period of the preceding fiscal.

The company's total income increased to ₹6,011.58 crore in the third quarter from ₹5,350.29 crore in the same quarter a year ago. KEC International expenses stood at ₹5,792.87 crore as against ₹5,190.46 crore in the year-ago period.

During April-December, the company's profit before tax rose to ₹236 crore from ₹210 crore in the nine-month period of FY25. Its PAT also rose to ₹182 crore from ₹163 crore in April-December FY25.