RPG Group’s infrastructure EPC major, KEC International, witnessed a significant drop in its fourth-quarter earnings, with a 28% year-on-year decrease in net profit. The Mumbai-based company disclosed a consolidated net profit of Rs 193 crore for Q4 FY26, down from Rs 268 crore in the same period last fiscal year. Revenue from operations also saw a decline, with the company reporting Rs 6,390 crore, a 7% decrease from the previous year.
Despite a challenging performance in the March quarter, KEC International displayed some sequential operational improvement in Q3 FY26. The company had reported a consolidated net profit of Rs 127.5 crore in the December quarter, slightly lower than the year-ago period. EBITDA dropped by 16.7% year-on-year to Rs 448.4 crore in the fourth quarter, with the EBITDA margin narrowing to 7% from 7.8% a year earlier.
The stock performance of KEC International has been under pressure, with shares declining over 30% in the last six months and reaching a 52-week low. Currently trading around Rs 548.80 per share, significantly below its 52-week high of Rs 947.00, the company’s stock ended more than 1% lower on Friday before the results announcement. KEC International, a flagship company of the RPG Group, is a prominent global Engineering, Procurement, and Construction (EPC) firm headquartered in Mumbai, specializing in infrastructure projects across various sectors.
