KEC International Ltd, a global infrastructure Engineering, Procurement and Construction (EPC) company and part of the RPG Group, today announced its consolidated financial results for the third quarter (Q3 FY26) and nine months (9M FY26) ended 31 December 2025. The company reported continued traction in business development during the period, with year-to-date order intake of Rs. 19,265 crore. As of 31 December 2025, KEC’s year-to-date order book stood at Rs. 36,725 crore.
The company also maintained a strong pipeline position with L1 of approximately Rs. 4,500 crore, supporting visibility for upcoming execution. KEC’s net debt including acceptances stood at Rs. 6,806 crore as on 31 December 2025 compared to Rs. 5,574 crore as on 31 December 2024. Net Working Capital (NWC) stood at 135 days as on 31 December 2025 compared to 129 days as on 31 December 2024.
Commenting on the performance, Vimal Kejriwal, MD & CEO, KEC International Ltd., said, “We are pleased with the growth in revenues and operating profitability for the quarter. The growth is supported by strong performances in our Transmission & Distribution and Cables & Conductors businesses. EBITDA margins were impacted due to slower progress in water projects and closure costs associated with the completion of metro projects. Despite these challenges, our bottom line delivered healthy growth, with operating PBT and PAT rising by 37% and 32% respectively. During the quarter, we secured multiple strategic orders, strengthening our order book and L1 position to over Rs. 41,000 crore. With a strong focus on execution, expanding capacity, a robust order book and a substantial tender pipeline, particularly in Transmission & Distribution and Civil, we remain well positioned to drive sustained and profitable growth in the coming quarters.”
KEC International is a global infrastructure EPC major with presence across Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines and Cables. The company has an international footprint spanning more than 110 countries through EPC operations and supply of towers and cables, and is the flagship company of RPG Group.
RPG Enterprises, established in 1979, is one of India’s fastest-growing business groups with a turnover of US$ 5.2 billion. The group has diverse business interests across Infrastructure, Tyres, Pharma, IT and Specialty businesses, along with emerging innovation-led technology ventures.
