KEC International Limited reported its financial performance for the third quarter ending December 31, 2024, showcasing robust growth in both revenue and profit. The company’s revenue from operations rose 6.8% YoY to Rs 5,349.38 crore compared to Rs 5,006.72 crore in Q3 FY24.
The company’s net profit for the period saw a significant rise of 32.4% YoY to Rs 129.56 crore, as against Rs 97.92 crore in the same quarter last year, driven by improved operational efficiency and cost controls.
Key Financial Highlights:
- Revenue from operations: Rs 5,349.38 crore, up 6.8% YoY (Q3 FY24: Rs 5,006.72 crore)
- Total income: Rs 5,350.29 crore, up 6.3% YoY (Q3 FY24: Rs 5,032.70 crore)
- Net profit: Rs 129.56 crore, up 32.4% YoY (Q3 FY24: Rs 97.92 crore)
Operational Highlights:
The rise in profitability was supported by lower cost increases relative to revenue growth. Erection and sub-contracting expenses remained significant, while employee expenses were well-managed. The company also saw a reduction in finance costs due to strategic debt management.
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