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KEI Industries Beats Revenue Estimates
21 Oct
Summary
- Revenue from operations increased by 38.5% to ₹3,776 crore.
- Consolidated profit after tax (PAT) rose 29.3% to ₹262.4 crore.
- EBITDA margin remained stable at 10% year-on-year.
In the September quarter of FY27, KEI Industries announced a substantial 38.52% year-on-year increase in revenue from operations, reaching ₹3,776.42 crore. This figure exceeded the market's expectations.
The company's consolidated profit after tax (PAT) for the quarter grew by 29.3% compared to the same period last year, amounting to ₹262.4 crore. This, however, fell slightly short of the projected ₹275 crore.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) climbed 39.8% year-on-year to ₹376 crore. The EBITDA margin was reported at 10%, a slight improvement from the previous year's 9.9%.
Sequentially, KEI Industries' PAT experienced a minor decline of 4.26% from the June quarter. Revenue from operations, however, saw an 18.56% increase on a quarter-on-quarter basis.
