Heavy Electrical Equipment company KEC International announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Stood at Rs 6,389.75 crore in Q4FY26, registering an increase of 6.47% QoQ from Rs 6,001.35 crore in Q3FY26, and a decline of 7.02% YoY compared to Rs 6,872.12 crore in Q4FY25. For the full year FY26, revenue was Rs 23,505.54 crore, growing by 7.59% YoY from Rs 21,846.70 crore in FY25. Total Income: Reported at Rs 6,419.84 crore in Q4FY26, increasing by 6.79% QoQ from Rs 6,011.58 crore in Q3FY26, but down 6.85% YoY from Rs 6,892.32 crore in Q4FY25. For FY26, total income stood at Rs 23,555.87 crore, compared to Rs 21,917.56 crore in FY25. Profit Before Tax (PBT): Came in at Rs 257.73 crore in Q4FY26, showing a growth of 61.15% QoQ from Rs 159.93 crore in Q3FY26, and a decline of 24.67% YoY from Rs 342.16 crore in Q4FY25. Profit After Tax (PAT): Stood at Rs 192.79 crore in Q4FY26, demonstrating an increase of 51.25% QoQ from Rs 127.46 crore in Q3FY26, and a decline of 28.11% YoY from Rs 268.19 crore in Q4FY25. For FY26, PAT was Rs 605.59 crore, increasing by 6.10% YoY against Rs 570.74 crore in FY25. Standalone Financial Highlights: Revenue from Operations: Reached Rs 5,260.02 crore in Q4FY26, up 9.40% QoQ from Rs 4,808.09 crore in Q3FY26, and a decrease of 13.03% YoY from Rs 6,048.02 crore in Q4FY25. For FY26, it stood at Rs 19,046.58 crore, slightly down compared to Rs 19,177.75 crore in FY25. Total Income: Stood at Rs 5,293.83 crore in Q4FY26, growing 9.82% QoQ from Rs 4,820.25 crore in Q3FY26, and down 12.87% YoY from Rs 6,075.64 crore in Q4FY25. For FY26, total income was Rs 19,110.51 crore versus Rs 19,285.51 crore in FY25. Profit Before Tax (PBT): Reported at Rs 294.93 crore in Q4FY26, up significantly by 472.35% QoQ from Rs 51.53 crore in Q3FY26, and an increase of 42.03% YoY from Rs 207.65 crore in Q4FY25. Profit After Tax (PAT): Reported at Rs 246.57 crore in Q4FY26, jumping 532.55% QoQ from Rs 38.98 crore in Q3FY26, and an increase of 53.45% YoY from Rs 160.68 crore in Q4FY25. For FY26, standalone PAT was Rs 428.09 crore, up by 32.18% YoY compared to Rs 323.88 crore in FY25. Business & Segment Highlights: Segment Performance: EPC (Engineering, Procurement, and Construction): Revenue for Q4FY26 was Rs 5,915.45 crore, growing by 5.47% QoQ from Rs 5,608.42 crore in Q3FY26, and declining by 10.45% YoY from Rs 6,605.94 crore in Q4FY25. FY26 revenue was Rs 21,988.29 crore, up from Rs 20,648.88 crore in FY25. Others (Mainly Cables Business): Revenue for Q4FY26 stood at Rs 753.95 crore, up by 35.65% QoQ from Rs 555.80 crore in Q3FY26, and an increase of 26.64% YoY from Rs 595.35 crore in Q4FY25. FY26 revenue was Rs 2,216.70 crore. Dividend: The Board of Directors recommended a dividend of Rs 5.50 per equity share (275% of the face value of Rs 2 each) for the financial year ended March 31, 2026. Exceptional Items: The company recorded exceptional items relating to: Labour Codes Impact: An incremental estimated employee benefit obligation aggregating to Rs 58.78 crore (consolidated) and Rs 52.29 crore (standalone) owing to the Government of India notifying four new Labour Codes. Investment Reassessment: The company reassessed the recoverable value of its investment in wholly-owned subsidiary KEC Investment Holdings, Mauritius, reversing a provision for impairment loss amounting to Rs 166 crore in standalone financials. Merger: The Board approved the Scheme of Merger by Absorption of KEC Spur Infrastructure Private Limited, a wholly-owned subsidiary, with the Company, subject to requisite approvals. Sale of Stake: The Board approved the sale of 99% of equity shares and 100% preference shares held in KEC Investment Holdings, Mauritius, to another wholly-owned subsidiary, KEC Towers LLC. Vimal Kejriwal, MD & CEO, KEC International, commented, “We achieved our highest-ever revenues, profitability, and Order Intake during the year, despite a challenging operating environment, especially in Q4. The record performance was driven by robust execution in our T&D; business, with its contribution to revenues increasing significantly to 68% from 59% last year. Profitability also improved considerably, with operating PBT growing by 21% and operating PAT growing by 18% YoY. Our order book has been substantially strengthened through multiple strategic wins, taking the combined order book and L1 position beyond Rs. 40,000 crore. Despite the uncertain operating environment, our robust order book and healthy tender pipeline position us well to deliver sustained growth in the coming quarters.” Result PDF