KEC International Reports Consolidated Revenue of Rs 5,024 Crore in Q1 FY27
Mumbai, August 12, 2026: Global infrastructure EPC major and RPG Group company KEC International Ltd. announced its consolidated financial results for the first quarter ended June 30, 2026. The company maintained flat year-on-year revenues of Rs 5,024 crore compared to Rs 5,023 crore in the corresponding period of the previous fiscal year. Consolidated profit after tax (PAT) stood at Rs 73 crore, down from Rs 125 crore in Q1 FY26, while EBITDA reached Rs 291 crore with an EBITDA margin of 5.8 percent against 7.0 percent in the prior-year period. Profit before tax (PBT) for the quarter stood at Rs 90 crore, KEC International said in a press release.
On a standalone basis, KEC International recorded revenues of Rs 3,898 crore for Q1 FY27 compared to Rs 4,030 crore in Q1 FY26. Standalone EBITDA reached Rs 156 crore with a margin of 4.0 percent, while both PBT and PAT stood at Rs 1 crore. Standalone interest costs as a percentage of revenue rose slightly to 3.5 percent from 3.1 percent in the previous year’s matching quarter.
Despite operational headwinds, the company achieved balance sheet improvements during the quarter. Consolidated net debt including acceptances was reduced by over Rs 150 crore, bringing the total down to Rs 6,568 crore as of June 30, 2026, compared to levels recorded on March 31, 2026. Net working capital days also saw sequential improvement, easing to 134 days from 137 days at the end of the previous quarter.
KEC International maintained a strong order inflow trajectory, securing year-to-date orders totaling Rs 6,303 crore across its Transmission & Distribution (T&D), Civil, Renewables, Cables & Conductors, and Transportation segments. The company’s combined current order book and L1 position stands at over Rs 40,000 crore, backed by a global tender pipeline exceeding Rs 2 lakh crore across domestic and international markets.
Commenting on the quarterly results, Vimal Kejriwal, MD & CEO, KEC International Ltd., said, “We delivered a resilient performance for the quarter, by maintaining revenues, strengthening our order book, reducing debt and building a healthy growth pipeline, despite a challenging operating environment. The performance for the quarter could have been better but for the continued geopolitical disruptions in the Middle East, labour shortages and calibrated execution of water projects due to delayed payments. While certain near-term challenges persist, we believe they are largely transitory. With supply chains gradually normalising, labour availability improving, an Order Book and L1 position of over Rs. 40,000 crore, a robust tender pipeline exceeding Rs. 2 lakh crore, and strong opportunities across both domestic and international markets, we remain confident of delivering stronger execution and improved financial performance in the coming quarters.”
