KEC International announced its financial results for the second quarter and half-year ended September 30, 2026. Consolidated revenue saw a decrease to ₹5,468 crore for Q2 FY27 from ₹6,092 crore in Q2 FY26, with Profit After Tax (PAT) falling to ₹30 crore from ₹161 crore year-on-year. The company highlighted a strong order intake and an expanding order book, driven by its T&D business.
KEC International Reports Q2 FY27 Financial Performance
KEC International Ltd. has released its financial results for the quarter and half-year ending September 30, 2026. The company reported consolidated revenues of ₹5,468 crore for the second quarter (Q2 FY27), a decrease from ₹6,092 crore in the same period last year (Q2 FY26). Profit After Tax (PAT) for Q2 FY27 declined significantly to ₹30 crore, down from ₹161 crore in Q2 FY26. The EBITDA margin stood at 5.0% compared to 7.1% in the prior year’s quarter.
Half-Year Financial Highlights
For the first half of FY27 (H1 FY27), consolidated revenues were reported at ₹10,491 crore, compared to ₹11,114 crore in H1 FY26. The consolidated PAT for H1 FY27 was ₹102 crore, a substantial reduction from ₹285 crore in H1 FY26. The consolidated EBITDA margin for H1 FY27 was 5.4%, down from 7.0% in the corresponding period of the previous year.
Standalone Performance and Order Book Strength
On a standalone basis, Q2 FY27 revenues stood at ₹4,161 crore against ₹4,949 crore in Q2 FY26, with PAT at ₹80 crore versus ₹106 crore. For H1 FY27, standalone revenues were ₹8,059 crore compared to ₹8,978 crore in H1 FY26, and PAT was ₹81 crore against ₹143 crore.
Despite the financial downturn in reported profits, the company announced a strong YTD Order intake of over ₹13,500 crore, with approximately ₹9,500 crore coming from the T&D Business. The Order Book has reached a record ₹39,946 crore, and the combined Order Book and L1 pipeline stands at approximately ₹43,500 crore. This robust order pipeline is expected to drive future performance.
Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., commented on navigating a challenging operating environment due to geopolitical and supply chain disruptions, while noting sequential revenue growth led by the T&D business. He expressed confidence in improved performance in the coming quarters, citing an order book and L1 position of ₹43,500 crore and a tender pipeline exceeding ₹2 lakh crore.
Source: BSE
