K E C International Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- K E C International Ltd reported a 4.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 6.3%.
- Its expenses for the quarter were up by 3.7% QoQ and 5.7% YoY.
- The net profit increased 51.7% QoQ and increased 33.7% YoY.
- The earnings per share (EPS) of K E C International Ltd stood at 4.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 5350.29 | 5119.94 | 5032.70 | 4.5% | 6.3% |
Total Expenses | 5190.46 | 5006.47 | 4911.98 | 3.7% | 5.7% |
Profit Before Tax | 159.83 | 113.47 | 120.72 | 40.9% | 32.4% |
Tax | 30.27 | 28.06 | 23.85 | 7.9% | 26.9% |
Profit After Tax | 129.56 | 85.41 | 96.87 | 51.7% | 33.7% |
Earnings Per Share | 4.90 | 3.30 | 3.80 | 48.5% | 28.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
K E C International Ltd is a prominent player in the infrastructure engineering, procurement, and construction (EPC) sector. The company operates in several domains, including power transmission and distribution, railways, civil, smart infrastructure, and cables. It is part of the RPG Group, one of India's fastest-growing business conglomerates. K E C International Ltd has a strong global presence, executing projects in over 100 countries. The company's diverse portfolio spans across sectors, enabling it to mitigate sector-specific risks and capitalize on growth opportunities in various industries. Any recent major developments in the company are not available from the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), K E C International Ltd reported a total income of ₹5350.29 crores. This marks an increase from ₹5119.94 crores in the previous quarter (Q2FY25) and ₹5032.70 crores in the same quarter of the previous year (Q3FY24). The quarter-on-quarter (QoQ) growth in total income was 4.5%, while the year-over-year (YoY) increase was 6.3%. These figures indicate a consistent upward trajectory in revenue generation over both the quarterly and yearly timelines, highlighting the company's capability to enhance its income streams.
Profitability
For the third quarter of FY25, K E C International Ltd achieved a profit before tax of ₹159.83 crores, which increased from ₹113.47 crores in Q2FY25 and ₹120.72 crores in Q3FY24. The QoQ increase in profit before tax was 40.9%, and the YoY growth was 32.4%. After accounting for taxes amounting to ₹30.27 crores, the profit after tax stood at ₹129.56 crores, up from ₹85.41 crores in the previous quarter and ₹96.87 crores in the corresponding quarter of the previous year. The company experienced a 51.7% QoQ and a 33.7% YoY rise in profit after tax. The earnings per share (EPS) also saw a significant increase to ₹4.90 from ₹3.30 in the previous quarter and ₹3.80 in the same quarter last year, reflecting a QoQ growth of 48.5% and a YoY growth of 28.9%.
Operating Metrics
The total expenses for K E C International Ltd in Q3FY25 were ₹5190.46 crores, which indicates an increase from ₹5006.47 crores in Q2FY25 and ₹4911.98 crores in Q3FY24. The expenses grew by 3.7% QoQ and 5.7% YoY. This increase in expenses is lower than the growth rate of total income, contributing to higher profitability. The tax liability for Q3FY25 was ₹30.27 crores, representing an increase of 7.9% QoQ and 26.9% YoY. These metrics provide insights into the company's operational efficiency and cost management capabilities over the reviewed periods.
