KEC International Bags New Orders of Rs. 10.73 Bn
Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the various orders secured across our business verticals. We are particularly enthused by our maiden order in the growing segment of ropeways. With the recent wins in the Middle East and SAARC, we have bolstered our International T&D order book in addition to our already robust India T&D order book, further solidifying our overall T&D business. With these orders, our YTD order intake now stands at over Rs. 184 bn, reflecting a remarkable growth of ~60% vis-à-vis last year. The uptick in order intake has resulted in our order book + L1b being over Rs 400 bn. With this formidable order book and a promising pipeline of tenders, we have a clear visibility of growth in the coming quarters.”