KEC International shares tumble as Q2 earnings plummet 82 percent

KEC International, one of India's leading EPC contractors, faced significant headwinds in the September quarter as consolidated net profit crashed 82 percent year-on-year to ₹30 crore, according to financial results filed with stock exchanges. The Mumbai-headquartered company's profit erosion reflects mounting operational pressures across its portfolio and tighter project margins. Beyond the bottom-line weakness, KEC International's operating margins contracted sharply during the period, signalling deepening challenges in project execution and cost management. The market reacted swiftly to the earnings miss, with the company's share price declining 8 percent on the back of the disappointing results. The profit deterioration marks a significant reversal for the company, which has historically been a key player in India's infrastructure development space, executing large-scale projects in power transmission, railways, and civil engineering sectors. Analysts are closely monitoring whether KEC International can stabilise its operational performance and margin profile in the coming quarters amid the challenging business environment.