KEC International Ltd., a leading global infrastructure EPC company and an RPG Group entity, has announced that it has received an income tax refund of Rs. 177 crore from the Income Tax Department.
Statement from the Management
Mr. Vimal Kejriwal, MD & CEO of KEC International, highlighted the significance of the refund, stating:
“We are pleased with this substantial income tax refund, which includes both the principal amount and applicable interest from past tax assessments. This refund strengthens our liquidity position and further enhances our financial leverage. As we move forward, we remain committed to operational excellence and prudent capital management to drive sustainable growth across our business verticals.”
About KEC International
KEC International is a global infrastructure Engineering, Procurement, and Construction (EPC) major, operating in diverse sectors, including:
- Power Transmission & Distribution
- Civil and Transportation Infrastructure
- Renewable Energy
- Oil & Gas Pipelines
- Cables
The company is actively executing infrastructure projects across 30+ countries and has an operational footprint in over 110 countries.
About RPG Enterprises
Established in 1979, RPG Enterprises is one of India’s fastest-growing business conglomerates, with a turnover of $4.8 billion. The group has diversified business interests in Infrastructure, Tyres, Pharmaceuticals, IT, and Specialty Businesses, along with investments in emerging innovation-led technology ventures.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your research or consult a financial advisor before making investment decisions.
