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Business Upturn
a day ago
- Business
- Business Upturn
KEC International secures Rs 2,211 crore orders across various businesses
KEC International Ltd., a leading global infrastructure EPC company and part of the RPG Group, has announced fresh order wins worth ₹2,211 crore across its Transmission & Distribution (T&D), Oil & Gas Pipelines, and Cables businesses. The company's T&D division has bagged significant international projects, including the design, supply, and installation of 380 kV overhead transmission lines in Saudi Arabia, alongside tower, hardware, and pole supply contracts in the Americas. In the Oil & Gas Pipelines segment, KEC has secured its second international order for terminal station works in Africa, complementing its ongoing pipeline projects in the region. The Cables division has also received orders for the supply of various types of cables both domestically and internationally. Vimal Kejriwal, MD & CEO, KEC International Ltd. stated, 'We are delighted by the order wins secured across businesses, especially on the international front. The large order wins in Saudi Arabia have further strengthened our international T&D order book. These wins reaffirm the MENA region's strategic importance as a key growth driver for us. Our subsidiary, SAE Towers has secured a significant tower supply order in Mexico, reflecting an uptick in the North American T&D market. With these orders, our YTD order intake stands at over Rs. 4,200 crores, a robust growth of ~40% vis-à-vis last year.' Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
26-05-2025
- Business
- Time of India
Reliance Infra clears Rs 3,300 cr debt in FY25, standalone net debt to banks and FIs at 'zero'
Anil Ambani-led Reliance Infrastructure achieved a major financial milestone by bringing its standalone net debt from banks and financial institutions down to zero, marking a significant reduction of approximately Rs 3,300 crore during FY25, the company said in an exchange filing. Reliance Infra posted a consolidated profit of Rs 4,387 crore in Q4 FY25. Adjusted EBITDA soared to Rs 8,876 crore in Q4, a 681% quarter-on-quarter surge. For the full year, the infrastructure and power major reported a consolidated PAT of Rs 4,938 crore, recovering from a loss of Rs 1,609 crore in FY24. Full-year consolidated EBITDA (excluding exceptional items) more than doubled to Rs 12,288 crore, and operating income rose 7% year-on-year to Rs 23,592 crore. Reliance Infrastructure's consolidated net worth rose by Rs 5,859 crore year-on-year, reaching Rs 14,287 crore as of March 31, 2025, up 70% from Rs 8,428 crore a year earlier. Its consolidated external net debt-to-equity ratio dropped sharply to 0.28x, from 0.78x a year earlier. Live Events Reliance Infra on operational front Over 44,500 new households were added by Delhi discoms in Q4. Transmission & Distribution (T&D) losses in Delhi fell below 7% due to operational gains. BSES Delhi discoms secured top 'A+' rating from REC for consumer service. Mumbai Metro Line 1 weekday ridership hit 500,000, with 99.99% punctuality. Reliance Infrastructure, which has a presence across power, metro, roads, and defense sectors, said the debt reduction reinforces its financial resilience and positions it for future growth across core infrastructure segments.
