KEC International has won orders worth over Rs 1,600 crore. Vimal Kejriwal, MD & CEO, KEC International speaking to CNBC-TV18 said, “Roughly Rs 1,200 crore are from Power Grid and another Rs 100 crore from another transmission clients and then we have Rs 250 crore odd from a water pipeline and the rest are from smart city and cables.”

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On margins, Kejriwal said, “Margin profile is lower because these were quoted sometime back when the metal prices were slightly low. So right now the margins are low, but we do expect that the margins should go back to normal 8-9 percent but as of today the margins are lower in some of the orders, but other are okay.”

On order book, he said, “Today our order book is roughly around Rs 19,000 crore, of which around 55 percent is from the T&D sector.”

For full interview, watch accompanying video

(Edited by : Abhishek Jha)

First Published:Feb 17, 2021 1:05 PM IST