Shares of KEC International gained almost 5 percent intraday on November 11, buoyed by a healthy September quarter scorecard.
The company reported a 42 percent increase in consolidated profit after tax to Rs 139 crore in the September quarter of FY20 against Rs 98 crore in the corresponding quarter of the previous financial year.
The company's revenue increased by 17 percent to Rs 2,809 crore in Q2FY20 from Rs 2,408 crore in Q2FY19.
KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has a presence in the verticals of power transmission and distribution, railways, solar, civil, smart infrastructure and cables.
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