Engineering, procurement and construction major KEC International Ltd on Tuesday said it has bagged orders worth Rs 1,157 crore across its various businesses. In the transmission and distribution segment, the RPG Group company bagged orders worth Rs 663 crore for projects in the Middle East, Africa, and the Americas, KEC International said in a filing to the BSE. In the railways segment, it has orders of Rs 220 crore for 2 x 25 kilovolts (kV) overhead electrification and associated works for speed up-gradation in India. In the civil segment, "the business has secured an order of Rs 173 crore for construction of a new airport terminal building and associated works in southern India." In the cables business, it has secured orders of Rs 101 crore for various types of cables in India and overseas. "We are pleased with the new orders secured across our business verticals. The orders in T&D (transmission and distribution), especially in the Middle East region will enable us to further .
This acquisition will enable the company to accelerate growth in oil & gas sector and establish this business as one of its key growth drivers going forward
Spur Infra has achieved an annual revenue in excess of Rs 100 crore, and has a profitable track record and technical expertise. It has an order book of Rs 600 crore
With strong revenue visibility in the civil segment, the company has also been investing Rs 70-80 crore since last year as capex.
Eyes overseas orders to make up for domestic order loss; company has presence in 30 countries
The Transmission & Distribution (T&D) business has secured orders of Rs. 701 crore for T&D projects from Power Grid Corporation of India Ltd. (PGCIL) and other customers in India, East Asia Pacific an
In the past six months, the market price of KEC International has zoomed 85 per cent, as against 27 per cent rise in the S&P BSE Sensex
The company's railways business has secured orders of Rs 120 crore.
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The sharp slide in crude oil prices of more than 40 per cent to $30/barrel is expected to impact overall orders/awarding from the Middle East and North Africa (MENA) region
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Its urban transport business has secured an order of Rs 964 crore for the construction of an elevated viaduct along with eight stations of the Delhi Metro Phase IV project
The Rs 964 cr DMRC contract is for construction of elevated viaduct along with eight stations of the Delhi Metro Phase IV project
The company has bagged a turnkey order for 220 kV overhead transmission line at Afghanistan
The company reported a strong 79% year on year growth in net profit at Rs 1.12 billion for the quarter ended December 2017.