KEC International Reports 42% Profit Surge, Rs 34,409 Crore Order Book in Q1 FY26

KEC International reported a robust financial performance in the June quarter of 2025, with consolidated net profit surging 42% to Rs 124.60 crore and revenue rising 11% year-over-year to Rs 5,028 crore, driven mainly by its Transmission & Distribution (T&D) business which grew 26%. The company’s order book stood strong at Rs 34,409 crore, with additional contracts worth over Rs 6,000 crore where KEC is the lowest bidder, indicating a healthy project pipeline. Operational improvements led to a 29% increase in consolidated EBITDA and expansion of EBITDA margins to 6.93%, while PAT margins also improved to 2.5%. Despite challenges such as labor shortages and geopolitical uncertainties, KEC reduced its net debt by approximately Rs 250 crore to Rs 5,348 crore and lowered interest costs. The company’s net working capital days slightly increased but remained within target range, reflecting effective execution and receivables management. CEO Vimal Kejriwal highlighted the company’s strong start to the fiscal year, emphasizing disciplined financial management, double-digit growth, and a positive outlook supported by a diversified order book and strong bidding pipeline.