Knowledge Marine & Engineering Works Secures ₹107.7 Million Order, Expanding Project Portfolio
Updated: May 20, 2025 17:25
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Knowledge Marine & Engineering Works Ltd (KMEW) has added another significant contract to its growing order book, securing a work order valued at ₹107.7 million. This latest win underscores KMEW’s strong presence in India’s marine engineering and dredging sector, and signals continued momentum in project acquisition.
Key Highlights:
New Project Win: KMEW has received a work order worth ₹107.7 million, further strengthening its project pipeline and reinforcing its reputation for reliable execution in the marine infrastructure space.
Order Book Momentum: The company has consistently secured major contracts in recent months, including work orders from prominent entities like Dredging Corporation of India Limited and Inland Waterways Authority of India, with recent deals valued at over ₹100 crore and ₹147.53 crore respectively. This steady inflow of projects highlights KMEW’s competitive edge and operational expertise.
Sectoral Impact: The new contract adds to KMEW’s diverse portfolio, which includes dredging, fairway maintenance, and marine infrastructure development across key national waterways and ports. These projects support critical infrastructure upgrades and contribute to India’s maritime growth strategy.
Financial Strength: Frequent order wins are expected to boost KMEW’s revenue visibility and support future financial performance, as reflected in recent financial disclosures and investor presentations.
Growth Outlook: With a robust order book and proven track record, KMEW is well-positioned to capitalize on upcoming opportunities in the marine engineering sector.
KMEW’s latest contract win reaffirms its leadership in marine engineering, signaling continued growth and value creation for stakeholders.
Sources: Economic Times, Business Standard, NDTV Profit