KEC International has reported results for second quarter ended September 30, 2015.
The company has reported a net profit of Rs 33.00 crore for the quarter ended September 30, 2015 as compared to net loss Rs 32.83 crore for the same quarter in the previous year. However, the company’s total income has decreased by 9.78% to Rs 1504.36 crore for the quarter under review from Rs 1667.40 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported over two fold jump in its net profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 44.12 crore for the quarter ended September 30, 2015 as compared to Rs 20.30 crore for the same quarter in the previous year. However, the total income of the company has decreased by 6.86% at Rs 2024.59 crore for quarter under review as compared to Rs 2173.77 crore for the quarter ended September 30, 2014.
