KEC International Ltd, a leading global infrastructure Engineering, Procurement and Construction (EPC) company and part of the RPG Group, has announced its financial results for the second quarter (Q2 FY26) and half year (H1 FY26) ended September 30, 2025. The company delivered a robust performance driven by strong revenue growth, higher profitability, and sustained order inflows across business segments.
For the year to date, KEC recorded an order intake of Rs 16,050 crore, representing a healthy 20% year-on-year increase. The company’s order book now stands at Rs 39,325 crore, with additional L1 positions worth approximately Rs. 5,000 crore, reflecting a strong pipeline of confirmed business.
On the financial front, net debt including acceptances stood at Rs 6,480 crore as of September 30, 2025, compared to Rs 5,265 crore in the corresponding period last year. Net working capital (NWC) stood at 138 days, slightly higher than 130 days as of September 30, 2024, indicating continued operational stability despite growth in project volumes.
Commenting on the performance, Vimal Kejriwal, Managing Director & CEO of KEC International Ltd, said, “We have delivered yet another quarter of solid results characterized by strong revenue expansion, significant improvement in profitability, and healthy order momentum. Our EBITDA margins have maintained their upward trajectory, improving by 80 basis points to 7.1% in Q2 FY26 from 6.3% in the same period last year. Profit before tax (PBT) and profit after tax (PAT) have both grown sharply by 88% year-on-year, demonstrating the effectiveness of our operational and financial initiatives. The order book has reached record levels of over Rs 44,000 crore when including L1 positions, reflecting the success of our diversified growth strategy. With a strong execution focus, a healthy order pipeline, and continued demand across key infrastructure sectors, KEC is well-positioned for sustained and profitable growth in the upcoming quarters.”
KEC International Ltd is a leading global infrastructure EPC company with a presence across Power Transmission and Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. The company operates in over 110 countries, offering engineering and supply solutions to clients worldwide. KEC is the flagship company of RPG Group.
RPG Enterprises, established in 1979, is among India’s fastest-growing business conglomerates, with a turnover of US$ 5.2 billion. The group has diversified interests across Infrastructure, Tyres, Pharmaceuticals, Information Technology, Specialty sectors, and emerging innovation-driven technology businesses.
