KEC International Q3 Profit Surges to Rs 97 Crore
Jan 30, 2024 20:57
KEC International's net profit soared to Rs 97 crore in Q3 FY24, driven by increased revenue. The company's total income rose to Rs 5,032.70 crore.
New Delhi, Jan 30 (PTI) Engineering, procurement and construction company KEC International on Tuesday posted multi-fold jump in its consolidated net profit at Rs 96.87 crore in the quarter ended December 2023, aided by higher income.
It had clocked a net profit of Rs 17.60 crore during the October-December quarter of the preceding fiscal, the company said in an exchange filing.
The company's total income rose to Rs 5,032.70 crore from Rs 4,376.34 crore in the year-ago quarter.
Expenses stood at Rs 4,911.98 crore as against Rs 4,364.91 crore in the third quarter of last financial year.
KEC International, a global infrastructure engineering, procurement and construction (EPC) major, has presence in sectors like power transmission and distribution, railways, civil, urban infrastructure, solar, oil & gas pipelines, and cables.
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