Q2 profit jumps 88%; revenue rises 19%; legal probe continues
KEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.3 pts more than Nifty Smallcap 250 and 6.7 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 revenue rose 19.1% year on year to Rs 6,091.56 crore and profit after tax rose 88.2% to Rs 160.75 crore. First-half revenue rose 15.5% to Rs 11,114.44 crore and profit after tax rose 65.0% to Rs 285.34 crore. Operating margin improved to 7.07% from 6.26%, but cash outflow from operations widened to Rs 917.09 crore. The review was unmodified but drew attention to a government investigation and criminal charges; the impact is not known.
Profit and margin growth support sentiment, but higher cash use and an unresolved legal probe could cap stock gains.