Current Date: 22 Nov, 2024

KEC International Scores Big with ₹1,000 Crore Orders

KEC International has secured new contracts worth ₹1,000 crore, pushing its total order book past the ₹6,000 crore mark for the year. This surge in orders highlights the company's robust performance and growing market presence in the engineering and construction sectors.

The new orders span various segments, including transmission and distribution (T&D), railways, and civil engineering. These projects are set to enhance KEC's footprint in both domestic and international markets, further solidifying its position as a key player in these industries.

Vimal Kejriwal, MD & CEO of KEC International, expressed his satisfaction with the recent wins, noting that these orders reaffirm the company's strategy of diversification and its commitment to delivering complex projects efficiently. He highlighted that the company’s strong project execution capabilities have been a significant factor in securing these contracts.

This year has been particularly fruitful for KEC, with significant orders contributing to the company’s expansive order book. The steady inflow of contracts is expected to drive revenue growth and improve profitability in the coming quarters.

KEC International's impressive performance underscores its resilience and strategic prowess in navigating challenging market conditions while consistently securing large-scale projects across its operational sectors.

News by Rahul Yelligetti

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Source : Projxnews