'
KEI Industries hosted a
conference call on Oct 16, 2024. In the conference call the company was
represented by Anil Gupta, CMD and Rajeev Gupta, ED Finance.
Key takeaways of the call
Pending order book as end of Sep
30, 2024 stood approx at 3847 Crore
comprising EHV cables of Rs 301 crore, institutional cables domestic Rs 2368
crore, EPC Rs 603 crore and Exports Rs 575 crore. EHV Cables order book
of Rs 301 crore includes L1 orders worth Rs 186 crore.
Volume increase in cables in Q2FY25
is about 14%.
Domestic Institutional EHV cable
sale in Q2FY25 stood lower at Rs 73 crore (against Rs 169 crore in Q2FY24) hit
largely by delay in projects. The demand for EHV cables is from power utilities
and the demand is hit by elections and heavy rains impacting project
executions. The projects were struck due
to ROW issues and approvals as well as no permission for cutting the road due
to heav...
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