Shares of KEC International skyrocketed 8 percent to Rs 927 apiece on May 27 after the company reported robust March quarterly (Q4FY25) performance.
Over the past month, the stock of this infra company has rallied 21 percent, outperforming benchmark Nifty 50's 2 percent gain during the same period.
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KEC’s consolidated net profit rose 76 percent year-on-year to Rs 268 crore in Q4 FY25, compared to Rs 152 crore in the same quarter last year. The profit growth was driven by robust topline performance and operational efficiencies.
Revenue for the quarter came in at Rs 6,872 crore, marking an 11.46 percent increase from Rs 6,165 crore a year ago. The rise was attributed to healthy execution across its transmission and distribution, railways, and civil segments.
Operating performance also improved meaningfully, with EBITDA rising to Rs 539 crore in the March quarter, up from Rs 388 crore in Q4 FY24.
The company’s board has recommended a dividend of Rs 5.5 per equity share (face value Rs 2 each) for FY25. The dividend will be disbursed within 30 days of shareholder approval at the upcoming Annual General Meeting.
On the business front, KEC’s order book has received a substantial boost. With several large project wins across segments, the company’s total order book, including L1 (lowest bidder) positions, has crossed Rs 40,000 crore.
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