menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

KEC Intern...
source image

Bloomberg Quint

1d

read

122

img
dot

Image Credit: Bloomberg Quint

KEC International Highlights Manpower Shortage As Biggest Challenge Despite Strong Order Book

  • KEC International's CEO, Vimal Kejriwal, highlighted a significant manpower shortage of nearly 5,000 workers as the company's biggest challenge.
  • Despite the manpower shortage, the Transmission & Distribution (T&D) segment of KEC International is showing growth in order book share and revenue contribution.
  • The company is becoming more selective in order intake, targeting around Rs 30,000 crore for fiscal, with some delays in payments for an order book worth Rs 2,000 crore.
  • KEC International reported a positive financial performance in the fourth quarter, with a 11.5% revenue increase, Ebitda rise of 38.9%, and a 76.8% growth in net profit.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app