KEC International bags ₹1,150 crore orders, clinches largest India T&D contract

KEC International Ltd has secured new orders worth ₹1,150 crore, marking the largest-ever order for its India Transmission and Distribution (T&D) business. The global infrastructure engineering, procurement and construction (EPC) firm, part of the RPG Group, said the contracts were won in the normal course of business.

The India T&D segment bagged a major composite order from a reputed private player for a 765 kV transmission line and a 765/400 kV air-insulated substation on a turnkey basis.

In addition,

the civil business secured an order for incremental civil and structural works for a 150 MW thermal power plant, expanding its presence in the segment.

Ahead of the announcement, shares of KEC International closed at ₹694.45 on the BSE, up 1.54%.

Commenting on the company’s outlook earlier, Managing Director and CEO Vimal Kejriwal said KEC expects to meet its full-year operating margin guidance of around 8% and deliver revenue growth of 15%, despite margin pressures in the second quarter. “We have given an annual guidance of 8%,” he said, noting that nearly 60% of revenues typically accrue in the second half, supporting operating leverage.

Also Read: KEC International confident of achieving 8% operating margin for FY26

KEC reported a 19% year-on-year rise in revenue in the second quarter, led by a sharp 44% growth in the T&D business. This was partially offset by weakness in the civil construction segment, impacted by monsoon-related disruptions, labour shortages and delays in water projects due to slower payments.

With these wins, KEC’s year-to-date order intake has crossed ₹18,000 crore, reinforcing management’s confidence in meeting its annual targets.