KEC International shares surge over 4% after securing Rs 1,476 crore transmission & distribution orders

KEC International shares gained more than 4% after the infrastructure engineering and EPC company announced that it has secured new orders worth ₹1,476 crore in its Transmission & Distribution (T&D) business across multiple global markets.

The company said the orders span regions including India, the Middle East, Africa, and the Americas, strengthening its international order pipeline and reinforcing its position in the global power transmission sector.

A major highlight of the announcement is the company’s largest-ever composite T&D order in Saudi Arabia. The project includes the construction of 380 kV transmission lines, substations, and extra-high-voltage (EHV) cabling, marking a significant expansion of KEC International’s presence in the Middle East power infrastructure market.

In Africa, the company has secured orders for 132 kV transmission lines, indicating renewed activity in the region’s transmission sector. The company has also won contracts for the supply of towers in India and the Americas, along with hardware and poles in the Americas, further diversifying the geographical spread of its order book.

Commenting on the development, Vimal Kejriwal, Managing Director and CEO of KEC International, said the company is pleased with the order wins and highlighted the importance of the Saudi Arabia project, particularly given the current geopolitical environment in the region. He also noted that the new order in Africa reflects signs of recovery in the region’s T&D market.

KEC International Q3 Results

KEC International reported a marginal decline in net profit for the third quarter of FY26, even as revenue and operating performance improved during the period.

The company posted a consolidated net profit of ₹127.5 crore in Q3FY26, down 1.6% from ₹129.6 crore reported in the same quarter last year.

Revenue from operations increased 12.2% year-on-year to ₹6,001 crore compared with ₹5,349 crore in the corresponding period of the previous fiscal. The growth was supported by project execution across business segments.

Operating performance improved during the quarter. THE EVENTS rose 15% YoY to ₹430.3 crore from ₹374.3 crore a year earlier. THE EVENTS margin expanded slightly to 7.1%, compared with 7% in the year-ago period, reflecting operating leverage and cost efficiencies.

Profit before tax and exceptional items stood at ₹218.7 crore, up from ₹159.8 crore in the same quarter last year. However, the company recorded exceptional items worth ₹58.8 crore during the quarter.

For the nine months ended December 31, 2025, KEC International reported consolidated revenue of ₹17,116 crore, compared with ₹14,975 crore in the same period last year. Net profit for the period increased to ₹412.8 crore from ₹302.6 crore a year earlier.