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KEI Industries Posts Good Q4: Revenue Increases, Profit Jumps, Margins Expand

Updated: May 06, 2025 19:40

Image Source: Upstox
KEI Industries has posted strong performance for the March 2024 quarter, reinforcing its dominance in the cables and wires industry with both revenue and profit registering healthy growth.
 
Highlights:
  • Revenue Growth: Consolidated revenue from operations was at ₹29.15 billion for Q4 FY24, up year-on-year by almost 16%, led by robust demand in infrastructure, real estate, and industrial segments.
  • Profit Spike: Consolidated net profit for the quarter at ₹2.27 billion mirrored a sharp increase in profitability due to better operational efficiencies and a product mix of higher margins.
  • Margin Expansion: EBITDA margin enhanced to 11.28% from 10.48% for the corresponding quarter last year, while PAT margin increased to 7.29% versus 6.82% YoY, indicating the attention to cost discipline and value-added products.
  • Full-Year Performance: KEI Industries for FY24 registered a turnover of ₹81.04 billion and net profit of ₹5.81 billion, both higher by more than 17% and 21% respectively compared to the last year, reaffirming its consistent growth path.
  • Market Momentum: The company continues to enjoy government infrastructure push, private capex revival, and growth in export markets, putting it on a path for continued growth in the quarters ahead.
KEI’s strong quarterly performance, margin gains, and strategic market positioning signal continued momentum in India’s electrification and infrastructure boom.
 
Sources: Moneycontrol, KEI Industries Corporate Presentation, Business Standard, Economic Times

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