Stock market today: KEC International share price gained more than 7% in the morning trade on Tuesday following the announcmenet of a strong results for the March quarter (Q4) of the financial year 2024-25 (FY25) and a dividend.
KEC International reported a consolidated net profit at ₹268 crore during the quarter ended March, a 76% rise against ₹152 crore profit recorded in the year-ago quarter
The reported earnings before interest, tax, depreciation and amortisation (EBITDA) came in at ₹539 crore, a sharp 39% jump over ₹388 crore reported in the same period last year. The EBITDA margin saw a sharp improvement year-on-year to 7.8% in the January-March 2025 quarter as against 6.3%.
KEC International's revenue stood at ₹6,872 crore in Q4 FY25, rising 11.46% over ₹6,165 crore Q4 FY24.
The order book status of KEC International further supported the investor sentiment. The company saw substantial growth of over 36% YoY, taking the order intake to ₹24,689 crore in FY25.
KEC further said that its has secured order wins of over ₹2,000 crore for FY26 till date.
The Order Book as on March 31, 2025, for KEC International stood at ₹33,398 crore. The current order book & L1 position for KEC International was at over ₹40,000 crore.
For the fiscal year ended March 31, 2025, the board of directors of KEC International recommended a dividend of ₹5.50 per equity share, or 275% of the face value of ₹2/-each fully paid up, to be approved by the shareholders at the following Annual General Meeting.
KEC International share price opened at ₹895.95 on the BSE on Tuesday. At the time of opening, the stock was 4% higher than the previous day's closing price of ₹861.25. KEC International share price thereafter gained to intraday highs of ₹927, which translated into an upside of over 7%.
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