KEC International has reported results for second quarter ended September 30, 2016.
The company has reported 4.19% fall in its net profit at Rs 48.89 crore for the quarter under review as compared to Rs 51.03 crore for the same quarter in the previous year. Total income of the company decreased by 1.02% at Rs 1850.00 crore for the quarter under review as compared Rs 1869.13 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over two fold rise in its net profit after taxes, minority interest and share of profit of associates at Rs 65.04 crore for the quarter ended September 30, 2016 as compared to Rs 28.15 crore for the same quarter in the previous year. Total Income of the company has increased by 2.78% to Rs 2126.87 crore for quarter under review from Rs 2069.26 crore for the quarter ended September 30, 2015.
