KEC INTERNATIONAL LTD.

KEC International Ltd announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on August 10, 2026. The company also provided the Limited Review Reports from its statutory auditors, Price Waterhouse Chartered Accountants LLP. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and other generally accepted accounting principles. A note highlights an ongoing government agency investigation with a potentially indeterminable impact on the consolidated financial results.

KEC International Ltd. announced its unaudited financial results for the first quarter (Q1 FY27) ended June 30, 2026. The company reported consolidated revenues of ₹5,024 crore, a marginal increase from ₹5,023 crore in the prior year's quarter. Profit After Tax (PAT) stood at ₹73 crore, down from ₹125 crore in Q1 FY26. The company highlighted a resilient performance amidst challenging times, maintaining revenues, reducing net debt by over ₹150 crore to ₹6,568 crore, and strengthening its order book to over ₹40,000 crore. Challenges such as geopolitical disruptions and labor shortages impacted performance, but the company remains confident in future execution.

Consolidated PAT came in at ₹72.62 Cr, down 41.7% YoY from ₹124.60 Cr and down 62.3% QoQ from ₹192.79 Cr, on revenue of ₹5,023.54 Cr that was essentially flat YoY (+0.01%) and down 21.4% QoQ. The QoQ drop is largely the usual Q4-heavy EPC billing seasonality and shouldn't be read as deterioration on its own, but the YoY profit decline is genuine and is the story of the quarter. No formal management guidance or prior concall commentary is on record for KEC, and a web search for consensus/street estimates for this print was unavailable, so vsGuidance and vsStreet are marked unknown rather than assumed. The margin bridge points squarely at the core EPC business: operating margin (ex-exceptional items) compressed to 5.79% from 6.97% a year ago (7.01% in Q4 FY26), and net profit margin fell to 1.45% from 2.48% YoY. EPC segment results fell 22.5% YoY to ₹262.85 Cr even as EPC revenue was roughly flat (₹4,595.21 Cr vs ₹4,753.05 Cr), pointing to execution or input-cost pressure on power-transmission/railway projects. The Cables ("Others") business partly offset this, with revenue up 56.9% YoY to ₹600.67 Cr and segment result rising to ₹27.96 Cr from ₹10.75 Cr. Below the operating line, finance costs rose 8.5% YoY to ₹164.03 Cr and employee costs rose 9.8% YoY to ₹430.88 Cr, adding further drag on the bottom line. Standalone PAT was near-breakeven at ₹0.52 Cr versus ₹36.83 Cr a year ago (standalone revenue down 3.3% YoY to ₹3,898.35 Cr) — a sharper deterioration than the consolidated number, meaning the group's international branches/JVs and subsidiaries cushioned the standalone weakness (the auditors' review report separately notes these contributed ₹110.59 Cr and ₹33.96 Cr of PAT respectively this quarter). Debtors turnover stretched to 109 days from 98 days YoY (93 days in Q4 FY26) and the consolidated debt-equity ratio ticked up to 0.88 from 0.79 YoY, signalling working-capital strain alongside the margin squeeze. The most relevant disclosed development this quarter is a fresh order win of ₹1,063 Cr announced August 3, 2026, alongside a CRISIL ESG rating upgrade to 62 — order momentum that will need to convert into better execution to reverse the EPC margin slide. Both audit reports flag, without qualifying their conclusion, an ongoing government investigation and chargesheet tied to a transmission project involving a PSU official and a company employee; management states it does not expect a material impact. No press release with management's own framing of the quarter was available to cross-check against the print. Going into Q2 FY27, EPC margin recovery and working-capital normalization are the key markers to watch.

KEC International Ltd has announced an improvement in its ESG rating assigned by CRISIL ESG Ratings & Analytics Limited. The company's rating has increased from 'CRISIL ESG 57' to 'CRISIL ESG 62' as of August 07, 2026. This update is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The enhanced ESG score reflects positively on the company's commitment to environmental, social, and governance practices.

KEC International Ltd. has announced new orders totaling ₹1,063 crores across its Civil, Transmission & Distribution (T&D), Renewables, and Cables & Conductors businesses. The orders include a significant high-rise residential project in Civil, T&D projects in Africa and the Americas, a 50+ MW Wind EPC project in Renewables, and various orders in Cables & Conductors. This brings the Year-to-Date (YTD) order intake to over ₹6,300 crore, demonstrating continued growth despite global uncertainties. The company highlighted expansion in its customer base and strengthening presence in key segments.

KEC International Ltd has announced that its Board of Directors will convene on August 10, 2026, to consider and approve the Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The company also confirmed that the trading window for designated persons and their immediate relatives, which closed on July 1, 2026, will reopen 48 hours after the declaration of these financial results, specifically on August 13, 2026. This announcement adheres to SEBI regulations regarding board meetings and insider trading.

KEC International Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This report, mandated by SEBI regulations, forms part of the company's Integrated Annual Report. Key disclosures include corporate identity details, business activities contributing to turnover (Infrastructure EPC at 81.41%), products/services offered, operational locations (230 national, 57 international), employee and worker statistics, and export contribution (38.23% of turnover). The reporting boundary has been consolidated for the current year, differing from the previous standalone basis. BSI Group India Private Limited provided reasonable assurance for the BRSR Core.

KEC International Ltd has submitted its Integrated Annual Report for the financial year 2025-26, in compliance with SEBI Listing Regulations. This report, along with the Notice of the Twenty-First Annual General Meeting (AGM) scheduled for August 21, 2026, is being dispatched electronically to shareholders. The company is also providing a web-link and QR code for accessing the report. The annual report highlights the company's theme 'Accelerate Intelligence, Embrace Excellence' and its commitment to sustainable growth and stakeholder value, aligning with the RPG Group's 'Hello Happiness' philosophy. The report details KEC's role in global infrastructure development across transmission, civil, solar, and transportation sectors.

KEC International Ltd has issued a letter to shareholders whose email addresses are not registered, providing a web-link and QR code to access the Notice of the Twenty-First Annual General Meeting and the Integrated Annual Report for FY 2025-26. The AGM is scheduled for August 21, 2026. The company also detailed information regarding a proposed final dividend for FY 2025-26, including record dates and payment timelines. Shareholders are urged to update their KYC details to receive future communications electronically.

KEC International Ltd has submitted the Notice of its Twenty-First Annual General Meeting (AGM), scheduled for August 21, 2026, at 11:00 am IST. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means. Alongside the AGM notice, the company has also released its Integrated Annual Report for the financial year 2025-26. These documents are being dispatched electronically to shareholders and are also available on the company's website. The report highlights the company's strategic focus on 'Accelerate Intelligence, Embrace Excellence' and the RPG Group's philosophy of 'Hello Happiness'.