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The KEC International of RPG Group secures ₹1,061 crore in new orders across various sectors like T&D, railways, and cables sectors. The company sees 30% YTD order intake growth, following a 110.3% net profit rise in Q4 FY24.
The RPG Group's KEC International has secured significant orders, including a project for transmission lines and substations in India, an order for a transmission line in Malaysia, and supply towers, hardware, and poles to the United States.
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KEC International has also made notable advancements in its railways business by securing its first order for composite gauge conversion works. Additionally, the company will establish a power supply system for the Bengaluru Metro Rail Corporation (BMRC), including a receiving substation, high-voltage cabling, and related civil works.
The cables division of KEC International has received orders to supply power transmission conductors from a leading infrastructure player in India. The company will also provide various types of cables for domestic and international projects, further solidifying its position in the market.
Vimal Kejriwal, MD & CEO of KEC International, expressed satisfaction with the recent order wins, stating that these achievements have strengthened the company's order book across multiple business verticals.
The transmission and distribution (T&D) sector's orders have strengthened the company’s presence in both local and global markets, while the railways division’s new client and gauge conversion project marks significant milestones.
The year-to-date (YTD) order intake now exceeds ₹3,000 crore, reflecting a robust 30% growth compared to the previous year.
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