KEC International has reported results for first quarter ended June 30, 2016.
The company has reported 12.74 % fall in its net profit at Rs 29.72 crore for the quarter ended June 30, 2016 as compared to Rs 34.06 crore for the same quarter in the previous year. The company’s total income decreased by 11.99 % to Rs 1533.86 crore for the quarter under review from Rs 1742.78 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 83.01 % rise in its net profit after taxes, minority interest and share of profit of associates at Rs. 30.91 crore for the quarter ended June 30, 2016 as compared to Rs 16.89 crore for the same quarter in the previous year . Total Income of the company decreased by 7.08 % to Rs. 1789.74 crore for the quarter under review from Rs. 1926.12 crore for the same quarter ended June 30, 2015.
