KEC International532714Infrastructure, construction
KC International posted weak Q2 numbers with revenue falling around 10% and EBITDA margins at a multi-year low of 4.96%, prompting a guidance cut
By ScoutQuest · · 1 min read
- Revenue decline
- 10 percent
- EBITDA margin this quarter
- 4.96 percent
- EBITDA margin earlier
- 7 percent
Heard on business television between 13:46:37 - 13:49:37 IST.
- Revenue fell around 10% due to weaker execution, reporter Vinnie said.
- EBITDA margin came in at 4.96% versus 7% earlier, the lowest in at least three-four years for the company.
- Geopolitical tensions were cited as causing disruptions and rising costs for the company.
- Weak demand in rest of the world markets, along with land issues and labor shortages, continued to weigh on the company.
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