BSE See NSE See 38,031.13
-305.88 (-0.8%)

KEC Intl PAT grows marginally in Q4FY19

Apurva Joshi
Rate this article:
KEC Intl PAT grows marginally in Q4FY19

KEC International Limited reported its results for the quarter ended March 31, 2019 on Wednesday after market hours.

The company's consolidated revenue for Q4FY19 came in at Rs. 3,841.17 crore as against Rs. 3,662.37 crore in the corresponding quarter last year, registering 4.9 per cent yoy increase.

The EBITDA for the quarter rose by 7.8 per cent yoy to Rs. 399.04 crore as against Rs. 370.01 crore in the corresponding quarter last year, with a corresponding margin expansion of 29 bps. EBITDA margin for the quarter stood at 10.4 per cent. The PAT for the quarter came in at Rs. 198.76 crore as against Rs. 196.31 crore in the corresponding quarter last year, yoy increase of 1.2 per cent.

Looking at the FY19 numbers, the revenue jumped by 9 per cent to Rs. 11,000.53 crore while EBITDA rose by 14.3 per cent to 1,149.91 crore. Further, the company reported a net profit of Rs.495.77 crore, up 7.7 per cent yoy.

The company’s Board has recommended a dividend of Rs. 2.70 per equity share i.e. 135 per cent of the face value of Rs. 2 per share.

On Wednesday, the stock of KEC International opened at Rs. 295 per share. It made an intraday high and low of Rs. 296.40 and Rs. 288.70, respectively and closed at Rs. 293.55 per share.

Previous Article Overnight Digest: Stocks to look out for on May 9
Next Article Q4FY19: Satin Creditcare Network profit jumps 169 per cent

Please login or register to post comments.

news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »