KEC reports 13 per cent rise in revenues for Q2FY19
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.