KEC reports 13 per cent rise in revenues for Q2FY19

Pratik Shastri

KEC International Limited Ltd. reported its results for the quarter ended September 30, 2018  after  market hours today. The consolidated numbers were largely positive as compared to the same period last year. 
  
KEC International Limited consolidated revenue for the quarter came in at Rs. 2410.16 crore  from Rs. 2130.51 crore for corresponding period last year , registering an increase of 13.1  per cent  YoY.  Its  EBITDA for the quarter rose by 18.2  per cent  YoY to Rs. 254.88 crore  from Rs. 215.70 crore,  with a corresponding margin expansion of 45 bps. The EBITDA margin for the quarter stood at 10.6  per cent . 
  
The PAT for the quarter came in at Rs. 96.33 crore  as compared to Rs. 88.51 crore in the same quarter last fiscal, showing  an increase of 8.8  per cent YoY .  The net profit margin for the quarter stood at 4 per cent, which remained flat as compared with the last year. 
  

The stock today closed at Rs. 305.60 on the BSE, higher by 3.54 per cent over the previous close. 

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